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NeTakaya
2 years ago
11

find the balance in the account. $2,400 principal earning 2%, compounded annually, after 7 years $2,736.00 $2,756.85 $307,200.00

$17,136.00
Mathematics
1 answer:
Alex17521 [72]2 years ago
3 0
The future worth (F) of the current investment (P) that has an interest (i) that is compounded annually is calculated through,
                                  F = P x (1 + i)^n
where n is the number of compounding period. Substituting the given values,
                             F = ($2,400) x ( 1+ 0.02)^7 = $2,756.85
Thus, the future worth is approximately $2,756.85. The answer is the second choice. 
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At a store, apples cost $0.80 $0.80 each and oranges cost $0.95 $0.95 each. Harry buys some apples and oranges and spends $9.55
gregori [183]

Answer:

Harry buys 6 apples and 5 oranges at the store.

Step-by-step explanation:

Given:

Cost of each apples = $0.8

Cost of each oranges = $0.95

Total money spend =$9.55

Number of fruits bought= 11

We need to find the number of apples bought and number of oranges were bought.

Solution:

Let the number of apples bought be 'a'.

Let the number of oranges were bought be 'o'.

Number of fruits bought= 11

So we can say that;

Number of fruits bought is equal to sum number of apples bought and number of oranges were bought.

framing in equation form we get;

a+o=11 ⇒ equation 1

Now we can say that;

Total money spend is equal to number of apples bought multiplied by Cost of each apples plus number of oranges were bought multiplied by Cost of each oranges.

framing in equation form we get;

0.8a+0.95o=9.55 ⇒ equation 2

Now Multiplying equation 1 by 0.8 we get;

0.8(a+o)=0.8\times11

0.8a+0.8o=8.8 ⇒ equation 3

Subtracting equation 3 from equation 2 we get;

0.8a+0.95o-(0.8a+0.8o)=9.55-8.8\\\\0.8a+0.95o-0.8a-0.8o=0.75\\\\0.15o=0.75

Dividing both side by 0.15 we get;

\frac{0.15o}{0.15}=\frac{0.75}{0.15}\\\\o=5

Substituting the value of o in equation 1 we get;

a+o=11\\\\a+5=11\\\\a=11-5=6

Hence Harry buys 6 apples and 5 oranges at the store.

3 0
2 years ago
Tickets for a school play cost $7 and $10 for the adults. The equation 7x+10y=80 represents the number of students(x) and the nu
puteri [66]
There could only be 8 because 10 *8 is 80 and that is your maximum number you can have 
5 0
2 years ago
A restaurant sells 1,725 pounds of spaghetti and 925 pounds of linguini every month. After 9 months, how many pounds of pasta do
VladimirAG [237]
Situation: A restaurant sells 1 725 pounds of spaghetti and 925 pounds of linguini every months. Problem : Find the number of pounds of pasta does the restaurant sell in 9 months. => Pasta is also known as the sphaghetti. And since the restaurant sells 1 725 pounds every month, simply multiply this number by 9 to get the total amount of pounds in 9 months. => 1 725 * 9 = 15 525 pounds in 9 months.
7 0
2 years ago
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The newspaper in Haventown had a circulation of 80,000 papers in the year 2000. In 2010, the circulation was 50,000. With x = 0
mixas84 [53]
-3000 is correct
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7 0
2 years ago
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A waitress works 1.75 hours less in the afternoon than in the evening. If she works 5      1/8
gayaneshka [121]
Let x be the number of hours that the waitress works in the evening.

We know for our problem that she works 5 \frac{1}{8} in the afternoon and that she works <span>1.75 hours less in the afternoon than in the evening, so:
</span>x=5 \frac{1}{8} -1.75
<span>Since </span>\frac{1}{8} =0.125, we can rewrite our expression:
x=5.125-1.75
x=3.375

We can conclude that she works 3.375 hours in the evening, or expressed as a mixed fraction: 3 \frac{3}{8} hours.
3 0
2 years ago
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