Ivan put 500 000ISK (Icelandic Krona) and Blake put 700 000ISK into savings accounts
at different banks.
After 8 years, Ivan and Blake have the same amount of money in their accounts.
They both receive interest compounded quarterly and Blake has an annual interest rate
that is half of Ivan's annual interest rate.
Work out the annual interest rate that Blake receives.
Using compound interest, it is found that Blake receives an annual rate of 4.27%.
Compound interest:
[tex]A(t) = P\left(1 + \frac{r}{n}\right)^{nt}[/tex]
A(t) is the amount of money after t years. P is the principal(the initial sum of money). r is the interest rate(as a decimal value). n is the number of times that interest is compounded per year. t is the time in years for which the money is invested or borrowed.Ivan's parameters are given by:
Put 500 000 ISK, hence [tex]P = 500000[/tex]8 years, hence [tex]t = 8[/tex]Quarterly compounding, hence [tex]n = 4[/tex]Interest rate of r.Hence:
[tex]A_i(t) = P\left(1 + \frac{r}{n}\right)^{nt}[/tex]
[tex]A_i(t) = 500000\left(1 + \frac{r}{4}\right)^{32}[/tex]
[tex]A_i(t) = 500000(1 + 0.25r)^{32}[/tex]
Blake's parameters are given by:
Put 700 000 ISK, hence [tex]P = 700000[/tex]8 years, hence [tex]t = 8[/tex]Quarterly compounding, hence [tex]n = 4[/tex]Interest rate that is half of Ivan's, hence [tex]\frac{r}{2}[/tex]Thus:
[tex]A_b(t) = P\left(1 + \frac{r}{n}\right)^{nt}[/tex]
[tex]A_b(t) = 700000(1 + 0.125r)^{32}[/tex]
These amounts are equal, hence:
[tex]A_i(t) = A_b(t)[/tex]
[tex]500000(1 + 0.25r)^{32} = 700000(1 + 0.125r)^{32}[/tex]
[tex]\left(\frac{1 + 0.25r}{1 + 0.125r}\right)^{32} = \frac{700000}{500000}[/tex]
[tex]\left(\frac{1 + 0.25r}{1 + 0.125r}\right)^{32} = \frac{7}{5}[/tex]
[tex]\sqrt[32]{\left(\frac{1 + 0.25r}{1 + 0.125r}\right)^{32}} = \sqrt[32]{\frac{7}{5}}[/tex]
[tex]\frac{1 + 0.25r}{1 + 0.125r} = \left(\frac{7}{5}\right)^{\frac{1}{32}}[/tex]
[tex]\frac{1 + 0.25r}{1 + 0.125r} = 1.01057023172 [/tex]
[tex]1 + 0.25r = 1.01057023172 + 0.12632127896r[/tex]
[tex]0.12367872103r = 0.01057023172 [/tex]
[tex]r = \frac{0.01057023172}{0.12367872103}[/tex]
[tex]r = 0.0854[/tex]
Blake's rate is:
[tex]\frac{r}{2} = \frac{0.0855}{2} = 0.0427[/tex]
Blake receives an annual rate of 4.27%.
A similar problem is given at https://brainly.com/question/24507395
Which expression gives the distance between the points (4,6) and my (7,-3)?
Solve for x in ½ logx64 = 3
(A)
2
(B)
1
(C)
4
(D)
3
Answer:
A
Step-by-step explanation:
Using the rules of logarithms
log[tex]x^{n}[/tex] = n logx
[tex]log_{b}[/tex] x = n ⇒ x = [tex]b^{n}[/tex]
Given
[tex]\frac{1}{2}[/tex][tex]log_{x}[/tex] 64 = 3
[tex]log_{x}[/tex][tex]64^{\frac{1}{2} }[/tex] = 3
[tex]log_{x}[/tex] 8 = 3
8 = x³
2³ = x³ , then
x = 2
Mary places a 15-foot ladder against her house. The base of the ladder is 3 feet from her house How high up to the nearest tenth of a foot, the ladder reach on Mary's house?
taking math test plz help
Answer:
Let the base of the 15ft long ladder be placed x ft away from the wall so that it exactly reaches the top of a 12- foot tall wall.
By Pythagorean theorem
12
2
+
x
2
=
15
2
⇒
x
2
=
15
2
−
12
2
=
81
⇒
x
=
√
81
=
9
ft
The base of the 15-foot ladder should be set back from the wall by x feet in order for it to precisely reach the top of a 12-foot wall.
What is nearest tenth?The decimal number can also be rounded to the nearest tenths place value. The first number that appears after the decimal point is the tenth place value. Look at the hundredth number to round the decimal number to the nearest tenth. If it's more than 5, add one to the tenth value.
The tenths digit stays the same if it is 4 or less. The hundredths place digit, 8, is greater than or equal to 5, so 3.58 can be rounded to 3.6. Due to the fact that the digit in the hundredths place, 2, is less than 5, 3.32 would be rounded to 3.3.
To learn more about nearest tenth refer to:
https://brainly.com/question/859948
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4.
What property could you use to show that these two triangles are congruent?
Two triangles
HL
SSS
SAS
ASA
Answer:
All four
Step-by-step explanation:
SSS, SAS, ASA, and HL
TRUE OR FALSE , When you divide the numerator of a fraction by the denominator you always get a terminating decimal?
Answer: false.
Step-by-step explanation:
it's only a terminating decimal if you end up with a remainder of 0.
Jayden’s rectangular garden is 5 3/4 feet long and 4 1/2 feet wide. What is the area, in square feet, of the garden
Answer:
The area is 25.875 square feet. Or it can be written as [tex]25\frac{7}{8}[/tex]
Step-by-step explanation:
You would simply multiply them by each other. 5 3/4 is aso 5.75. And 4 1/2 is also 4.5. So simply multiply 5.75 by 4.5
5.75*4.5 to get 25.875
Harry is paying for a meal with groups of friends. They received great service, so he is giving a $20% tip. The meal came to $225.10 before sales tax. How much will he leave as a tip?
Answer:
$45.02
Step-by-step explanation:
The tip here is being figured on the bill before tax. It is the product of the bill amount and the tip rate:
$225.10 × 20% = $45.02
Harry will leave $45.02 as a tip.
4/5 x 2/35 I need help pls!
Answer: 8/175
Step-by-step explanation:
Answer: 8/175
Step-by-step explanation: to multiply fractions, multiply both numerators first then the denominators.
4x2=8
35x5=175
help me plssssssssssssssss
Answer:
1/2= 5/10
this is answer
I need help pls I'll give brainliest!!!!!!!!!!!!!!!!!!!!!!
Answer:
[tex]\sqrt{32}[/tex]
Step-by-step explanation:
4^2+ 4^2=c
16+16=32
[tex]\sqrt{32}[/tex]
=5.65685424949
Which function represents a translation of the graph of v=x^2
by 10 units to the left?
O A. v=x^2+10
O B. v=(x+10)^2
O C. y=10x^2
O D, y=(x-10)^2
Answer:
B.
Step-by-step explanation:
That would be y = (x +10)^2.
100 POINTS IF U GET THIS RIGHT!
Answer:
y = 2x - (3/2)
standard equation is
y = mx + c
c is the y intercept
m is the gradient/slope
so
2 is the slope (m)
Answer:
Slope = 2
Step-by-step explanation:
Our equation: y = 2x - 3/2
=> Given equation: y = mx + b
Now, let's compare:
=> y = mx + b = y = 2x - 3/2
=> We can tell that the slope is m, which is 2.
Hoped this helped.
3(11-2x)=27
solve the equation
[tex]\huge \bf༆ Answer ༄[/tex]
Let's solve for x ~
[tex] \sf3(11 - 2x) = 27[/tex][tex]\sf33 - 6x = 27[/tex][tex]\sf - 6x = 27 - 33[/tex][tex] - 6x = - 6[/tex][tex]x = - 6 \div - 6[/tex][tex]x = 1[/tex]Value of x is ~
[tex] \boxed{ \boxed{ \sf \: 1 \: }}[/tex]
[tex]\mathrm{✌ \: Kaul ~✌}[/tex]
PLEASE HELP ME I REALLY NEED HELP!!
Answer:
Yes, based on ASA or AAS
Step-by-step explanation:
Subtract the two angle values of one triangle from 180 to dictate whether the missing angle is equal to the other triangle.
180-63= 117- 45=72
The triangles are equal/congruent because two angles and a side are the same values on both triangles.
What is the slope of this line?
y=−13x+14
A. -1/3
B. 1/4
C. 1/3
Answer:
see below
Step-by-step explanation:
y = -13x+14
This is in slope intercept form
y = mx+b where m is the slope and b is the y intercept
The slope is -13 and the y intercept os 14
If you mean y = -1/3x + 1/4
The slope is -1/3 and the y intercep is 1/4
Answer:
-1/3 is the slope because the equation is in a form of y =mx + c, where m is the slope
Step-by-step explanation:
When considering a normal distribution of scores, what percentage of scores is equal to or below the mean
Answer:
50%
Step-by-step explanation:
If the distrubution is normal
and mean is the average score
that means that half of them should be equal to or below the mean
and the other half is equal to or above the mean
A machine depreciates by 1/4 of its value each year. If it cost $50,000 new,
what is its value after 8 years?
Step-by-step explanation:
The price of machine=$50000
depreciates rate (R )=1/4×100%
=25%
HELPPPP!! question: uppose you put $150 in the bank 1 year ago. A sign at the bank reads 2% simple annual interest.
Fill in the values to complete the table.
45 points!!! help me please
What is the slope of the line y=5-4x ?
Show your work
Answer:
-4
Step-by-step explanation:
The equation is in slope-intercept format, y=mx+b. The coefficient in front of the x is the slope as represented by the letter m.
Answer:
Slope = -4
Step-by-step explanation:
The slope can be identified by looking at the coefficient next to the variable, x. In this instance, the coefficient is -4. Therefore, the slope is -4.
write the phrase as a expression.
3 fewer than 8
Your answer should be 3 < 8
11 times 11 in binary . Help i need it today!
Answer:
1011×1011 = 11110011
Step-by-step explanation:
11 in binary is 1011
121 in binary is 1111001
Find the area of the composite figure made up of a square and a semicircle. Use 3.14 as an approximate for pi and give your nearest square inch. Enter only the number.
Answer:
200.52 in^2
Step-by-step explanation:
to find the area of a circle, you square 6 and multiply it by pi in this case 3.14.
that gives you 113.04 but because this is only a half circle, it is 56.52 in^2.
Next, you need to find the rectangle. multiply 12(length) by 12(Width) to get 144 add 144 to 56.52 to get 200.52.
Hope this helped if it did please give me brainliest it helps me a lot. :)
Hope this helped!
(PICTURE PROVIDED)
HELPPPPPPP PLS
A: 5/4
B: 3/2
C: 6/5
D: 2/3
Answer:
I think its 6/5 or 2/3
Step-by-step explanation:
Answer:
1. A
2. C
3. D
4. C
5. D
Step-by-step explanation:
You're welcome
Which postulate or theorem proves that these two triangles are
congruent?
O ASA Congruence Postulate
O AAS Congruence Theorem
O HL Congruence Theorem
O SAS Congruence Postulateo
Answer: O AAS Congruence Theorem is your answer
Step-by-step explanation: plz give brainliest
Someone plz help me :(
Answer:
A
Step-by-step explanation:
the ratio shows that for every two songs beth's mom has, beth has one more.
*3 is larger than 2 by 1
meaning, if her mom has 6 songs, then she will have 7
if Beth has 12 songs, her mom would have one less, 11
Find the number of sides of a regular polygon whose each interior angle is 150 degree ...pls give step by step explaination
Answer:
12
Step-by-step explanation:
the angle is defined by equation ((n-2)*180)/n,where n is number of sides of a regular polygon
so here 180n-360=150n
30n=360
n=12
What is the slope for M(4,-8 negative) N(6,-1 negative)
Answer:
m=7/2
Step-by-step explanation:
Oranges cost 85 cents each.
Leo has a $10 note.
Work out the maximum number of oranges he can buy
Answer:
11
Step-by-step explanation: 100 cents- $1
85 x 85 x 85 x 85 x 85 x 85 x 85 x 85 x 85 x 85 x 85 = 935
935 or 9.35 dollars
Is the function f x
2x4 + 4x2 – 1 is an even function. Prove it algebraically
Answer: The function is even.
Step-by-step explanation:
x= 0.5 AND x -0.5 will give you the same result for y.
Brainliest plz
