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scZoUnD [109]
1 year ago
5

The number that is 75% of one less than a number n.

Mathematics
1 answer:
gizmo_the_mogwai [7]1 year ago
7 0

Answer:

The number is n-0.75

Step-by-step explanation:

Here in this question, we are interested in giving a number which is 75% of 1 less than a number n.

The first thing we do here is to calculate the value of 75% of 1.

That would be;

75/100 * 1 = 0.75

So this value less than n will be;

n- 0.75

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Mrs. Matthews wants to have $18,000 in the bank in 2 years. If she deposits $9000 today at 6% compounded quarterly for 2 years,
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Depends if you want
1. find how much he will earn, find the differnce between that and 18000
2. see how much to invest till he will  get 18000


A=P(1+ \frac{r}{n})^{nt}

A=futre amount
P=present amout
r=rate in decimal
n=number of times per year ccompounded
t=time in years


1.
A=?
P=9000
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n=4 (quarter means 4 times per year)
t=2
?=9000(1+ \frac{0.06}{4})^{(4)(2)}
?=9000(1+ 0.015)^{8}
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2.
A=18000
P=9000+x
r=0.06
n=4 (quarter means 4 times per year)
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18000=(9000+x)(1+ \frac{0.06}{4})^{(4)(2)}
18000=(9000+x)(1+ 0.015)^{8}
18000=(9000+x)(1.015)^{8}
divide both sides by 1.015^8
15978.8=9000+x
minus 9000 both sides
6978.8 needed




if he willnot be investing any more, he needs $7861.6 more
if he will invest more he will need to invest $6978.8 more




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