The answer is E.
First you need to find the rate. You must divide 1.8 by 100
1.8/100 = .018
Then add 1.
.018 + 1 = 1.018
Then times the starting amount with 1.018. The starting amount 750
750(1.018) = <span>763.5.
</span>As you can see, in option E that is the 2nd number.
Now we must find the next number.
You will do 750(1.018)^x
x represents the time.
763.5 was the first month.
750(1.018)^2 is the 2nd month.
750(1.018)^2 = <span>777.244 which is the 3rd number in option E</span>
Answer:
1.
-2 = x/4 + 1
Subtract 1 from both sides:
-2 - 1 = x/4 + 1 - 1
-3 = x/4
Multiply both sides by 4:
-3 * 4 = x/4 * 4
-12 = x
2.
3x+5
3.
X= 12 or 18
This could be read two different ways.
0=2/3x-12
12=2/3x
12÷2/3=x
12*3/2=x
18=x
—-OR—-
0=2/3(x-12)
0=2/3x-8
8=2/3x
8÷2/3=x
8*3/2=x
12=x
<h3>Given:</h3>
- P= $50,000
- R= 10%
- T= 5 years
<h3>Note that:</h3>
- P= Principal amount
- R= Rate of interest
- T= Time period
<h3>Solution:</h3>
Let's substitute according to the formula.
<em>A=</em><em> </em><em>$80525.5</em>
Now, we can find the interest paid
We'll have to deduct the total amount from the principal amount.
Let's substitute according to the formula.
<em>I=</em><em> </em><em>$30525.5</em>
<u>Hence</u><u>,</u><u> </u><u>the</u><u> </u><u>total</u><u> </u><u>amount</u><u> </u><u>paid</u><u> </u><u>after</u><u> </u><u>5</u><u> </u><u>years</u><u> </u><u>is</u><u> </u><u>$</u><u>80525.5</u><u> </u><u>and</u><u> </u><u>$</u><u>30525.5</u><u> </u><u>was</u><u> </u><u>paid</u><u> </u><u>as</u><u> </u><u>interest</u><u>.</u>
Answer:
Eli=180 Freda=260 and Geoff=360