Answer:
Mrs. Davis package is 30 ounces
Step-by-step explanation:
x for ounces
mailbox plus=0.25x+5
united package=0.35x+2
since Mrs.Davis noticed that she is going to pay same price then:
0.25x+5=0.35x+2
5-2=0.35x-0.25x
3=0.10x
x=3/0.10
x=30 ounces
Mrs. Davis package is 30 ounces
check:
0.25x+5=0.25(30)+5= 12.5 dollars
o.35(30)+2=12.5 dollars
The statement ___________ because I will have $ ___________ nothing in my retirement account when I retire in 25 years.
(Round to the nearest cent as needed.)
Answer:
False
$25,706.48
Step-by-step explanation:
The annual percentage rate (APR) is 4%, so the monthly rate is 4%/12 = ⅓%.
25 years = 300 months.
The monthly deposit (annuity) is $50.
The future value of the annuities is:
F = A [(1 + i)ⁿ − 1] / i
Given i = 1/300, A = 50, and n = 300:
F = 50 [(1 + 1/300)³⁰⁰ − 1] / (1/300)
F = 25,706.48
The statement is false. The amount after 25 years is less than $30,000.
The statement doesn't make sense because if you make $50 monthly deposits at a 4% APR for 25 years, you will have approximately $41,981.86 in your retirement account, not only $30,000.
The statement does not make sense or is clearly false. Let's add up the total deposits over 25 years and calculate the interest gained using the given annual percentage rate (APR) of 4%.
Therefore, if you continue to make $50 monthly deposits with a 4% APR for 25 years, you will have just under $41,981.86 in your retirement account, not $30,000 as stated. So, the statement is inaccurate.
#SPJ2
Answer:
Each of them had $49 at first.
Step-by-step explanation:
Given:
Cedric and Doug each had an equal amount of money.
Let the number of money they had at first be x
Cedric spent = $35
Doug spent = $28
Cedric Money left =
Doug Money left =
the ratio of Cedric money to Doug money was 2:3
Hence the expression can be made as;
Now by cross multiplication method we get;
Now we will use distributive property to elaborate the same;
Combining common terms we get;
Using Subtraction property we get;
Hence $49 they each had at first.
Well, yes and no.
Yes, because the straight line needs to pass through a number greater than 0, and 1 is obviously greater than 0.
However, y = x + 1 is not the same as y = x.
hope this helps.! let me know if it's in any way confusing..
I'd be happy to help!