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lisov135 [29]
2 years ago
6

Pierce currently has $10,000. What was the value of his money five years ago if he has earned 5 percent interest each year?

Mathematics
2 answers:
tia_tia [17]2 years ago
4 0
The first answer is correct, if you go back by 5% each year you will see that.

Yuri [45]2 years ago
3 0

Answer:

$ 7,835.26

Step-by-step explanation:

Let x be the value of his money five years ago,

Given,

Annual rate of interest = 5 %,

Time = 5 years,

So, the amount after 5 years,

A=x(1+\frac{5}{100})^5

=x(1+0.05)^5

=x(1.05)^5

According to the question,

x(1.05)^5=10000

\implies x = 7835.262\approx 7835.26

Hence, the value of his money five years ago was $ 7,835.26.

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George bought a house for $210,000 and now it has increased in value by 8% how much more is the house worth?
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Answer:

I think its 226800.

Step-by-step explanation:

8% of 210,000 is 16800. I added that to 210,000 and got my answer.

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2 years ago
Which sentences are punctuated correctly? Select 2 options.
baherus [9]

Answer:

Step-by-step explanation:

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Correct me if I'm wrong

7 0
2 years ago
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Meghan says the difference between the least amount of time it takes a student to say the alphabet and the greatest amount of th
kupik [55]

Answer:

67 eghan says the difference between the least amount of time it takes a student to say the alphabet and the greatest amount

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4 0
2 years ago
Let p denote the proportion of students at a particular university that use the fitness center on campus on a regular basis. For
9966 [12]

Answer:

a) P-value = 0.0968

b) P-value = 0.2207

c) P-value = 0.0239

d) P-value = 0.0040

e) P-value = 0.5636

Step-by-step explanation:

As the hypothesis are defined with a ">" sign, instead of an "≠", the test is right-tailed.

For this type of test, the P-value is defined as:

P-value=P(z>z^*)

being z* the value for each test statistic.

The probability P is calculated from the standard normal distribution.

Then, we can calculate for each case:

(a) 1.30

P-value=P(z>1.30) = 0.0968

(b) 0.77

P-value=P(z>0.77) = 0.2207

(c) 1.98

P-value=P(z>1.98) = 0.0239

(d) 2.65

P-value=P(z>2.65) = 0.0040

(e) −0.16

P-value=P(z>-0.16) = 0.5636

7 0
2 years ago
Suppose that we wish to expand (x + y + z)17. what is the coefficient of x 2 y5z10
Delvig [45]
We use the trinomial theorem to answer this question. Suppose we have a trinomial (a + b + c)ⁿ, we can determine any term to be:

[n!/(n-m)!(m-k)!k!] a^(n-m) b^(m-k) c^k

In this problem, the variables are: x=a, y=b and z=c. We already know the exponents of the variables. So, we equate this with the form of the trinomial theorem.

n - m = 2
m - k = 5
k = 10

Since we know k, we can determine m. Once we know m, we can determine n. Then, we can finally solve for the coefficient.

m - 10 = 5
m = 15

n - 15 = 2
n = 17

Therefore, the coefficient is equal to:

Coefficient = n!/(n-m)!(m-k)!k! = 17!/(17-5)!(15-10)!10! = 408,408


6 0
2 years ago
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