Answer:
$12159 per year.
Step-by-step explanation:
If I invest $x each year at the simple interest of 7.5%, then the first $x will grow for 35 years, the second $x will grow for 34 years and so on.
So, the total amount that will grow after 35 years by investing $x at the start of each year at the rate of 7.5% simple interest will be given by
= ![35x + \frac{x \times 7.5}{100} [35 + 34 + 33 + ......... + 1]](https://tex.z-dn.net/?f=35x%20%2B%20%5Cfrac%7Bx%20%5Ctimes%207.5%7D%7B100%7D%20%5B35%20%2B%2034%20%2B%2033%20%2B%20.........%20%2B%201%5D)
= ![35x + \frac{x \times 7.5}{100} [\frac{1}{2} (35) (35 + 1)]](https://tex.z-dn.net/?f=35x%20%2B%20%5Cfrac%7Bx%20%5Ctimes%207.5%7D%7B100%7D%20%5B%5Cfrac%7B1%7D%7B2%7D%20%2835%29%20%2835%20%2B%201%29%5D)
{Since sum of n natural numbers is given by 
}
= 35x + 47.25x
= 82.25x
Now, given that the final amount will be i million dollars = $1000000
So, 82.25x = 1000000
⇒ x = $12,158. 05 ≈ $12159
Therefore. I have to invest $12159 per year. (Answer)
Let us assume the cost of a soft drink = x dollars
Value of the gift certificate that Angela had = $5
Cost of the movie ticket = $10
Cost of a medium popcorn = $5.50
Then
27.90 + 5 = 2(10) + 2(5.50) + x
32.90 = 20 + 11 + x
32.90 = 31 + x
x = 1.90 dollars
From the above deduction, it can be easily concluded that the correct option among all the options that are given in the question is the first option or $1.90.
Answer:
B. 152 cm²
Step-by-step explanation:
To find the surface area using a net, do this:
Take apart the figure. We see that there are three rectangles and two triangles. Find the area of each (
) and then add the values together:
The first rectangle on the left is the same as the one on the right.
Two measures are 40 cm².
The middle rectangle is:
48 cm²
The formula for the area of a triangle is 
:
The area of the two triangles is 12 cm².
Now add the values:
The area of the figure is 152 cm².
:Done
Answer:
Interest earned = 2713.8
Explanation:
We will solve this problem on two steps:
1- get the final amount after three years
2- get the interest earned by subtracting the initial amount from the final one.
1- getting the final amount after 3 years:
The formula that we will use is as follows:
A = P (1 + r/n)^(nt)
where:
A is the final amount we want to calculate
P is the initial amount = 6300
r is the interest = 0.12
n is the number of compounds per year =12
t is time in years = 3
Substitute to get the final amount:
A = P (1 + r/n)^(nt)
A = 6300 (1 + 0.12/12) ^ (12*3)
A = 9013.8
2- getting the interest earned:
Interest earned = final amount - initial amount
Interest earned = 9013.8 - 6300
Interest earned = 2713.8
Hope this helps :)
Answer:
I think the answer is C
Step-by-step explanation:
If you have a normal ginger bread cookie, its full size would be 100%. So, if you add the first 25%, 1.25%
