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kondaur [170]
2 years ago
10

I do not understand how they got this answer. I am stuck on the exponent party- Please see attached

Mathematics
1 answer:
Black_prince [1.1K]2 years ago
7 0

Looking at the question, the answer gotten is:$4316.55. The question is related to compound interest.

<h3>What is compound interest?</h3>

Compound interest is known to be the interest that is earned on a principal sum in addition to the accumulated interest previously. It is as a result of reinvesting interest.

To find the compound interest, the formula used is:

A= P(1+r/n)^nt.

Where

P is the principal sum= $3500

r is the rate = 0.035

n is the compounding period = 12 months.

t is the time = 6 years.

Substituting them in the equation, we have:

A = 3500 ( 1 + 0.035/12)^12×6

Working out the one in the bracket and multiplying the exponent, we have:

A = 3500 (1.00291667)^72

Note: We got 72 by multiplying 12 by 6.

1.00291667 raised to the power of 72 = 1.23330133

A = 3500× 1.23330133 = $4,316.55

Ans: $4,316.55

Learn more about compound interest on brainly.com/question/24274034

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The Frosty Ice-Cream Shop sells sundaes for $2 and banana splits for $3. On a hot summer day, the shop sold 8 more sundaes than
svlad2 [7]

The shop sold 36 sundaes and 28 banana spilts

<em><u>Solution:</u></em>

Let "a" be the number of sundaes sold

Let "b" be the number of banana spilts sold

Cost of 1 sundaes = $ 2

Cost of 1 banana spilt = $ 3

<em><u>On a hot summer day, the shop sold 8 more sundaes than banana splits and made $156</u></em>

Therefore,

Number of sundaes sold = 8 + number of banana spilts sold

a = 8 + b ------- eqn 1

<em><u>Also, given that they made $ 156</u></em>

<em><u>Therefore, we frame a equation as</u></em>:

Number of sundaes sold x Cost of 1 sundaes + number of banana spilts sold x Cost of 1 banana spilt = 156

a \times 2+b \times 3 = 156

2a + 3b = 156 ---------- eqn 2

<em><u>Substitute eqn 1 into eqn 2</u></em>

2(8 + b) + 3b = 156

16 + 2b + 3b = 156

16 + 5b = 156

5b = 156 - 16

5b = 140

<h3>b = 28</h3>

<em><u>Substitute b = 28 in eqn 1</u></em>

a = 8 + 28

<h3>a = 36</h3>

Thus the shop sold 36 sundaes and 28 banana spilts

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3 years ago
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Example: y=4x+1, the slope would be 4 because it's in the 'm' place.
If you have trouble remembering which place the slope is, trying thinking about skiing or sledding; you can only sled or ski down a Mountain slope. Mountain starts with M.
M=slope.
Hope this helps :)
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