Hi Shawn
-24>-3p+3
First thing we need to do is to change them side (Flip)
-3p+3<-24
Now we need to subtract 3 from both sides
-3p=3-3<-24-3
-3p<-27
Divide both sides by -3 so we can find the value for p
-3p/-3<-27/-3
p>9
I hope that's help ! Please if you have question ask ↓↓↓↓
Answer:
At this rate, it will take him to 3 hours to complete 72 problems.
Step-by-step explanation:
72/24 = 3
(If you want to check your answer you can do = 24 x 3 = 72)
$
nothing should be deposited today.
(Do not round until the final answer. Then round to the nearest cent as needed.)
Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Solve for P
To have $65,000 in 8 years for a down payment on a house, nothing needs to be deposited today.
To find the amount that must be deposited today, we can use the formula for compound interest. The formula is given by:
A = P(1 + r/n)nt
Where:
We know that the future value (A) that we want is $65,000, the annual interest rate (r) is 4% or 0.04 (expressed as a decimal), the number of times interest is compounded (n) is 1 (since it's compounded annually), and the number of years (t) is 8. We need to find the principal amount (P).
Plugging the values into the formula, we can solve for P:
$65,000 = P(1 + 0.04/1)1 * 8
First, we simplify the fraction:
$65,000 = P(1 + 0.04)8
Next, we calculate the value inside the parentheses:
$65,000 = P(1.04)8
Finally, we solve for P by dividing both sides by (1.04)8:
P = $65,000 / (1.04)8
Using a calculator, we find that P ≈ $49,207.75. Therefore, to have $65,000 in 8 years for a down payment on a house, nothing needs to be deposited today.
#SPJ11
Answer:
493.52
Step-by-step explanation: