Question

Asked Nov 4, 2019

15 views

What are the blanks?

Step 1

Given that in the initial return to investors of $22,000, 5 percent increment is already included.

So if say *x* be the initial amount invested in the scheme then,

Step 2

(a)

Since returns increase at a rate of 5% every month, use the formula for compound interest, with initial principal of $20952.38; rate of interest at 5% and duration of investment as t months as follows,

Step 3

(b)

3 years is same as 36 months so plug the value of *t* =36 in the above formula.

Thus the amount...

Tagged in

Find answers to questions asked by student like you

Show more Q&A

Q: Graph the solution set for the of linear inequalities x+y<3 y>x y>-1

A: To identify the region consisting of the set of points (x,y) in the plane satisfying all the three ...

Q: Solve rational equation 5/3x+4=3/2x-8

A: Consider the given information

Q: For the problem: f(x)= x^2+x-12/x+3 d. Find horizontal or slant asymptotes, if any. e. Graph the asy...

A: The given polynomial is,

Q: Solve the system of equations by using matrices 2x+y-2z=-1 2x-y+z=-3 x+2y-2z=1

A: Given:

Q: Determine the simple interest. (The rate is an annual rate unless otherwise stated. Assume 360 days...

A: p=$500, r=7.25%, t= 30daysr= 7.25%= 0.0725t= 30/360=(1/12) year [because 360 days in a year]

Q: How do I solve this equation? And how do I determine what type of solution it is?

A: Given equation is

Q: Question 20 ents ences Determine the vertical asymptote(s) of the graph of the function. ssions xt9 ...

A: Recall the following facts.

Q: solve the equations 3y/4-13=-y/3 2(3-2x)+5=-(4x-10)

A: Since you have submitted two questions, we'll answer the first question. For the second question ple...

Q: Number 42

A: Given,