1) The value of n is 2
2) The best interpretation of equation 2/3(6x – 3) =1/2 is the equation has one solution: x = 0
3) The solution to equation y + 3 = -y + 9 is y = 6
4) The value of x is 4
5) The solution to a linear equation 2/5 + p = 4/5 + 3/5p is p = 1
6) The solution to an equation - 9x + 1 = - x + 17 is x = -2
7) A number line represents the solutions to -2|x| = -6 is option 4
1) We have been given an equation 1/2(n-4) - 3 = 3 - (2n+3)
We need to find the value of n.
1/2(n - 4) - 3 = 3 - (2n+3)
1/2(n - 4) = -2n + 3
n - 4 = -4n + 6
5n = 10
n = 2
2) In this question Kate begins solving the equation 2/3(6x – 3) =1/2 as:
2/3(6x – 3) = 1/2(6x – 4)
4x – 2 = 3x – 2
4x = 3x
We need to find the best interpretation of this equation.
4x - 3x = 0
x=0
Thus, the best interpretation of this equation is the equation has one solution: x = 0
3) In this question we need to solve an equation y + 3 = -y + 9
y + y = 9 + 3
2y = 12
y = 6
4) In this question we need to find the value of x for an inequality 2x - 3 > 11 - 5x
2x - 3 > 11 - 5x
2x + 5x > 11 + 3
7x > 14
x > 2
As x > 2, the value of x is 4.
5) We need to find the solution to a given linear equation.
Consider a linear equation,
2/5 + p = 4/5 + 3/5p
p - 3/5p = 4/5 - 2/5
2/5p = 2/5
p = 1
Thus, the solution to a given linear equation is p = 1
6) In this question, we need to solve an equation - 9x + 1 = - x + 17
- 9x + x + 1 = - x + 17 + x
-8x = 17 - 1
-8x = 16
x = 16/(-8)
x = -2
7) In this question, we have been given an equation -2|x| = -6
Divide both sides by -2.
|x| = 3
The absolute value of x is 3. It means the value if is either 3 or -3.
In the given figure the blue dot represent the solutions of the given equation.
Only option 4 represent the solution at x=3 and x=-3.
Therefore the correct option is 4.
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Given questions are incomplete.
1) Find the complete question in attachment.
2) Kate begins solving the equation 2/3(6x – 3) =1/2 (6x – 4). Her work is correct and is shown below. 2/3(6x – 3) = 1/2(6x – 4) 4x – 2 = 3x – 2 When she adds 2 to both sides, the equation 4x = 3x results. Which is the best interpretation of this equation? The equation has infinite solutions. The equation has one solution: x = 0. The equation has one solution: x = 4/3. The equation has no solution.
3) Solve the equation. y + 3 = -y + 9
y = 1, y = 3, y = 6, y = 9
4) What value of x is in the solution set of 2x - 3 > 11 - 5x?
-3, 0, 2, 4
5) To better understand the problem see the attached figure.
6) Solve the equation. - 9x + 1 = - x + 17
x = -8, x = -2, x = 2, x = 8
7) Which number line represents the solutions to –2|x| = –6?
Find the options are in the attached figure.
Solve 1w^2-54=0 by using the square root method.
Step 1: Isolate w^2:
w^2 = 54
Step 2: Apply the sq. rt. property:
w = ± sqrt(54)
Step 3: Simplify the sqrt:
w = ± sqrt(9 · 6)
w = ± sqrt(9) · sqrt(6)
w = ± 3 sqrt(6)
Step 4: Approximate:
w ≈ ± 7.3
Find the slope and the y-intercept of the line.
y=x+5
Answer:
the slope is 1
Step-by-step explanation:
where: m is the slope and b is the y-intercept. Therefore, for the equation y=x+5 , the slope is 1 , and the y-intercept is 5
Mr. Shaw paid $38.86 for 11.6 gallons of gasoline. How much did he pay per gallon?
Answer:
3.35
Step-by-step explanation:
38.86=11.6x
x=3.35
Expand the expression: 6(30-x) +3(x-10)
Answer:
150-3x
Step-by-step explanation:
Use distrubitive property:
180-6x +3x-30
Factor:
150-3x
Answer:
-3x+150
Step-by-step explanation:
6(30-x)+3(x-10)
6(30)+6(-x)+3(x)+3(-10)
180-6x+3x-30
180-3x-30
-3x+150
hopes this helps please mark brainliest
Write an equation for the nth term of the sequence 8, 24, 72, 216
The nth term of the given sequence is 8(3)ⁿ⁻¹. The given sequence is a geometric series and its common ratio is r = 3.
What is the nth term of a geometric series?The nth term of a geometric series is calculated by the formula
tₙ = arⁿ⁻¹
Here a is the first term of the sequence and r is the common ratio of the sequence.
The common ratio is calculated by r = aⁿ⁺¹/aⁿ
Calculation:The given sequence is 8, 24, 72, 216
Here, the first term in the given sequence is a = 8;
The ratios of the terms of the sequence are:
24/8 = 3
72/24 = 3
216/72 = 3
Since the ratios are the same, then the given sequence is geometric.
Thus, the common ratio is r = 3.
And the nth term of the given geometric sequence is
tₙ = arⁿ⁻¹ = (8)(3)ⁿ⁻¹
Therefore, the nth term of the given geometric sequence is 8(3)ⁿ⁻¹.
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Assume that a normal distribution of data has a mean of 19 and a standard deviation of 5. Use the 68-95-99. 7 rule to find the percentage of values that lie about 29.What percentage of values lie above 29?___% (Type an integer or a decimal.)
2.5% of values will lie above 29.
What is normal distribution?
A continuous probability distribution for a real-valued random variable in statistics is known as a normal distribution or Gaussian distribution.
The 68-95-99.7 rule is an illustration of how those many percentage of values lie in between mean +/- 1, 2, and 3 standard deviations respectively.
For values to lie above 29, their z value comes out to be
(29-19) / 5 = 10/5 = 2
(Note: z value means how many standard deviations above the mean)
Thus for a z value = 2 (which 29 is in this problem) the percentage of values that lie between mean +/- 2*(standard deviation) is 95 (as stated by the 68-95-99.7 rule).
Thus only 5% values wont lie between mean +/-2 standard deviations.
So 5% values wont lie between 29 (z value=2) and 9 (z value=-2).
Since normal curve is symmetric, half of the values of the 5% will lie above 29 and the rest half will lie below 9.
So 50% of 5 % which is 2.5% of values will lie above 29.
Hence, 2.5% of values will lie above 29.
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a victorian building has one room in the shape of a rhombus. if the vertical ceiling height is 10 ft, find the floor area to be used in calculating a volume of air in the room.
The floor area of a rhombus is equal to (1/2) × diag1 × diag2 is equal to 100 ft^2
diag1 = sqrt((10 ft)^2 + (10 ft)^2)
diag2 = sqrt((10 ft)^2 + (10 ft)^2)
Floor area = (1/2) × (sqrt((10 ft)^2 + (10 ft)^2)) × (sqrt((10 ft)^2 + (10 ft)^2))
= (1/2) × (14.14 ft) × (14.14 ft)
= 100 ft^2
1. Find the length of the diagonals of the rhombus.
diag1 = sqrt((10 ft)^2 + (10 ft)^2)
diag2 = sqrt((10 ft)^2 + (10 ft)^2)
2. Use the formula for the floor area of a rhombus.
Floor area = (1/2) × diag1 × diag2
3. Substitute the diagonals into the formula.
Floor area = (1/2) × (sqrt((10 ft)^2 + (10 ft)^2)) × (sqrt((10 ft)^2 + (10 ft)^2))
4. Simplify.
Floor area = (1/2) × (14.14 ft) × (14.14 ft)
= 100 ft^2
Find the length of the diagonals of the rhombus (sqrt((10 ft)^2 + (10 ft)^2)). Use the formula for the floor area of a rhombus (1/2 × diag1 × diag2). Substitute the diagonals into the formula and simplify to find the floor area (100 ft^2).
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PLEASE HELP!! It's my unit test!!
Katherine is x years old. Mabel is 4 years younger than Katherine. Five times Mabel's age is equal to 400.
#1 Write an equation that solves for Katherine's age, x.
#2How old is Katherine? (Show your work.)
#3 How old is Mabel? (Show your work.)
1) The equation that solves for Katherine age, x is 5(x - 4) = 400.
2) Katherine is 84 years old.
3) Mabel is 80 years old.
What is an algebraic equation?An algebraic equation represents the mathematical form of two expressions that are related by an equal in between them.
Calculation:From the given information, we can write,
Katherine's age is represented by 'x'
Mabel is 4 years younger than Katherine ie., x - 4
Five times Mabel's age is equal to 400 i.e., 5(x - 4) = 400
Thus, the equation that solves Katherine's age is 5(x - 4) = 400.
On simplifying the obtained equation, we get
5(x - 4) = 400
⇒ 5x - 20 = 400
⇒ 5x = 400 + 20
⇒ 5x = 420
∴ x = 420/5 = 84
Thus, the age of Katherine is 84 years.
Then, Mabel's age = x - 4 = 84 - 4 = 80 years.
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what is the solution to 5x=6
The value of x after simplification is 6/5.
What is an equation?
A mathematical equation is a formula that uses the equals sign to express the equality of two expressions. The meanings of the word equation as well as its cognates in those other languages can vary slightly. For instance, in French, an equation is defined as having one or even more variables, whereas in English, an equation is any well-formed formula that consists of two expressions linked by the equals sign. Finding the values for the variables that result in the equality is the first step in solving an equation with variables. The unknown variables are also known as the variables that the equation must be solved, and the unknown variable values that satisfy this same equality are known as the equation's solutions.
Main Body:
according to the given equation,
5x = 6
to solve it , divide by 5 on both sides,
5x *1/5 = 6*1/5
x = 6/5
Hence the value of x after simplification is 6/5.
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What is the simplified form of this expression? (4x2-3x+8)-(2x² + 2x - 5) 4x²-5x + 13 2x²5x+3 2x²-x+3 2x²-5x + 13
Answer:
Step-by-step explanation:
its all explained in picture
It is important to statistically compare the participants and the control groups on demographic characteristics to show that differences found in the evaluation are due to program differences and not to demographic differences. This type of statistical analysis speaks to the __________________ validity of the evaluation.
Group of answer choices
causal
interpreted
external
internal
Internal validity refers to the accuracy of the evaluation in attributing the changes identified to the program and not to other factors, such as demographic differences between the participants and the control group.
To ensure internal validity, one must compare the participants and the control groups on demographic characteristics in order to show that the differences found in the evaluation are due to program differences and not to demographic differences. This is done by conducting a statistical comparison of the two groups and calculating the probability that any differences found between them are due to the program and not to some other factor. This is done by computing the probability that the two groups are the same, given the observed mean differences, and then evaluating the results to determine if the differences are statistically significant. For example, if the two groups have different means, the probability of them being the same is calculated, and if this probability is low, then the difference is likely to be due to the program and not to some other factor. This type of statistical analysis speaks to the internal validity of the evaluation.
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on the graph, the horizontal red line is the mechanical energy of an object, and the blue line below it is the potential energy as a function of x. at which value of x is:
The kinetic energy will be maximum if the potential energy is minimum.
Given that,
On the graph, an object's mechanical energy is represented by the horizontal red line, and its potential energy as a function of x is shown by the blue line beneath it. at what x value is:
Value of x at which
1) potential energy at the largest
2kinetic energy at the largest
3)The force on the object in the negative direction.
4)The force on the object the largest magnitude.
More above the x-axis, greater the value of potential energy. Therefore, the point at which potential energy is large at x = 4
Mechanical energy is sum of potential energy and kinetic energy
So, kinetic energy will be maximum if the potential energy is minimum.
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Previous
Next
A rectangle has a length of 42 centimeters and a width of 18 centimeters. What
is the area of the rectangle, in square meters?
The area of the rectangle, in square meters, is 7.56 meters².
What is rectangular shape?Rectangles are quadrilaterals having four equal vertices and parallel sides that are equal to one another.
Given;
a rectangle has a length of 42 centimeters,
and a width of 18 centimeters.
To find the area of the rectangle:
We multiply the length of the rectangle by the width of the rectangle.
Use formula,
The area of the rectangle = length x width
Substitute the value of length and width
The area of the rectangle = 42 x 18
The area of the rectangle = 756 cm².
To change centimeter to meter:
We have the rate of change,
1 centimeter = 0.01 meter
756 centimeters = 0.01 x 756 meters
756 centimeters = 7.56 meters
Therefore, the area of the rectangle = 7.56 meters².
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Which statement best reflects the solution(s) of the equation? 1/x+1/x−3=x−2/x−3
a. There is only one solution: x = 1. The solution x = 3 is an extraneous solution.
b. There are two solutions: x = 1 and x = 3.
c. There is only one solution: x = 3. The solution x = 1 is an extraneous solution.
d. There is only one solution: x = 1. The solution x = 0 is an extraneous solution.
Option A) is correct
There is only one solution: x = 1. The solution x = 3 is an extraneous solution.
Solution :
Given Equations:
[tex]\frac{1}{x} +\frac{1}{1-x} =\frac{x-2}{y-3}[/tex]
solving The given Equation have :
[tex]\frac{1}{x}+ \frac{1}{x-3} =\frac{x-2}{y-3}[/tex]
[tex]\frac{2x-3}{x(x-3)} =\frac{x-2}{y-3}[/tex]
[tex]2x-3=x^{2} -2x[/tex]
[tex]x^{2} -4x+3=0[/tex]
[tex]x^{2} -x-x3+3=0[/tex]
[tex]x(x-1)-3(x-3)=0\\x-3)(x-1)=0\\x=1,x=3[/tex]
Extraneous solutions:
Due to its exclusion from the original equation's domain, an auxiliary solution is not a root of the original equation.
We may get this conclusion, but we cannot accept it as a conclusion since it is insufficient.
However, x = 3 cannot be a solution to the preceding equation because it produces a denominator of zero when used in the provided equation.
As a result, the following equation's solution is x = 1, while its superfluous solution is x = 3.
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Jackie Revez purchased a new home in Riverside Park. The purchase price was $210,000, and she put down 30%. Her mortgage is 10 1/2% for 30 years. What is the outstanding balance of her loan after the first month? (Round your answer to the nearest cent.)
The formula for simple interest.
SI = P( x R x T) / 100
The outstanding balance of her loan after the first month is $608355
What is simple interest?It is the interest calculated on the principal at a given rate for a time period.
The formula for simple interest.
SI = P( x R x T) / 100
We have,
The purchase price of the home = $210,000
The down payment.
= 30% of 210,000
= 3/10 x 210,000
= 3 x 21,000
= $63,000
Now,
The remaining amount.
= 210,000 - 63,000
= $147,000
Now,
Simple interest for 30 years.
= (147,000 x (21/2) x 30) / 100
= (147,000 x 21 x 30) / 200
= 1470 x 21 x 15
= $463,050
Thus,
The total amount to pay for 30 years.
= 147,000 + 463,050
= $610050
The monthly payment for 30 years.
= 610050 / (30 x 12)
= $1694.58
Now,
The outstanding balance of her loan after the first month.
= 610050 - 1694.58
= $608355
Thus,
The outstanding balance of her loan after the first month is $608355
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Round 231469.335329 to the nearest thousand.
The value which is round off to the nearest thousand for 231469.335329 is 232000.
What is rounding off?
When a number is rounded off, its value is maintained but is brought closer to the next number, simplifying the number. For entire numbers as well as decimals at different places of hundreds, tens, tenths, etc., it is done. The important figures are preserved when numbers are rounded off.
The given value in the question is 231469.335329
The rules for rounding off says,
If the last digit of the given number is above 5 or equal to 5 then 1 is added to pre digit of last number and last digit is replaced by 0.
So, the given value,
231469.335329 the digit after the point is less than 5 so we eliminate the value without adding 1.
It becomes, 231469.00
In above value, if 231469 we add one to the before the last digit, it becomes 231470
As a next step, add the number in the 2 digit by adding 1 to before the 2nd digit, it becomes 231500.
Now Finally, the process of adding one to the 4 digit depends on the values of 3rd digit takes place and it becomes 232000.
Hence, the number is 232000.
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What is the solution set of the quadratic inequality x^2-5<0?
The solution set of the quadratic inequality x² - 5 < 0 is - √5 < x < √5
How to determine the solution set?From the question, we have the following parameters that can be used in our computation:
The quadratic inequality is:
x^2-5<0
Express properly
x² - 5 < 0
Add 5 to both sides of the inequality
x² < 5
Take the square root of both sides
x < ±√5
Expand the inequality expression
- √5 < x < √5
Hence, the solution is - √5 < x < √5
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What are the missing statement and reason in step 2 of the proof?
The statement is AB=CD,BC=AD due to definition of parallelogram. The statement is AC=AC due to Reflexive property of equality.
What is parallelogram?A parallelogram is a straightforward quadrilateral with two sets of parallel sides in Euclidean geometry. A parallelogram's facing or opposing sides are of equal length, and its opposing angles are of similar size. A quadrilateral with the opposing sides parallel is called a parallelogram. A parallelogram with all right angles is known as a rectangle, and a quadrilateral with equal sides is known as a rhombus.
Here,
1. Statement: AB=CD,BC=AD
Reason: By definition of parallelogram.
2. Statement: AC=AC
Reason: Reflexive property of equality.
The definition of a parallelogram causes the sentence to be AB=CD,BC=AD. Due to the reflexive feature of equality, the assertion is AC=AC.
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a ball is thrown upward from a height of at an initial speed of . acceleration resulting from gravity is .
Acceleration resulting from gravity will be = (-9.8 ms sq.)
First of all we have to know more about gravity which means it is the force by which a planet or other body draws objects toward its center. The force of gravity keeps all of the planets in orbit around the sun.
When you throw a ball up in the air, its speed decreases, until it momentarily stops at the very top of the ball's motion. Its acceleration is
(−9.8 ms sq )
at the very top since the body is moving upward against the gravity. In other words, the acceleration due to gravity will be
g = 9.8 ms -sq
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Mackenzie is working two summer jobs, washing cars and landscaping. She must
work at least 17 hours altogether between both jobs in a given week. Write an
inequality that would represent the possible values for the number of hours washing
cars, w, and the number of hours landscaping, 1, that Mackenzie can work in a given
week.
please helpp!!!!
The inequality that would represent the possible values for the number of hours washing cars, w, and the number of hours landscaping, is
w + l ≥ 17.
What is inequality?
In mathematics, inequalities describe the relationship between two values that are not equal. Equal means to be equal, not. The "not equal symbol (≠)" is typically used to indicate that two values are not equal. But different inequalities are used to compare the values to determine whether they are less than or greater than.
Given:
Mackenzie is working two summer jobs, washing cars and landscaping. She must work at least 17 hours altogether between both jobs in a given week.
Total number of hours is w + l and it should be at least 17 hours, (equal to 17 or greater).
We can set inequality as:
w + l ≥ 17
Hence, the inequality that would represent the possible values for the number of hours washing cars, w, and the number of hours landscaping, is w + l ≥ 17.
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The ratio of moose to reindeer is 5 to 4. If
there are 60 moose, how many reindeer are
there?
Answer:
48 reindeer
Step-by-step explanation:
the 5 part of the ratio relates to 60 moose , then
60 ÷ 5 = 12 ← value of 1 part of the ratio
then
4 × 12 = 48 ← number of reindeer
Graph the composite function g(f(x))
Answer: f
Step-by-step explanation:
The domain of a composite function f(g(x)) is the set of those inputs x in the domain of g for which g(x) is in the domain of .
Writing equations of lines
Write the equation of each line with the given information
Through: (5,3), parallel to y = 1/5x +1
Step-by-step explanation:
you marked the important pieces of information correctly.
a parallel line must have the same slope. otherwise it is tilted differently, and it is therefore not parallel.
the slope in a y = ... equation is always the factor of x.
in our case therefore 1/5.
so, the parallel line starts with
y = (1/5)x + b
and to get b we use the x and y coordinates of the given point :
3 = (1/5)×5 + b = 5/5 + b = 1 + b
b = 2
and our equation is
y = (1/5)x + 2
Frankie graphs the system of equation to determine its solution.
Y = 3x
Y = -x + 4
What is the correct solution?
Please explain step by step to get marked as brainliest
Answer:
To solve this system of equations, we need to find the values of x and y that make both equations true at the same time.
One way to solve this system is to use the substitution method. We can start by setting the two expressions for y equal to each other:
3x = -x + 4
Then we can solve for x by adding x to both sides and simplifying:
4x = 4
x = 1
Now that we know the value of x, we can substitute it back into either of the original equations to solve for y:
Y = 3x
Y = 3(1)
Y = 3
Therefore, the solution to the system of equations is (x, y) = (1, 3).
Which of the data sets represented by the following box and whisker plots has the smallest standard deviation? (Circle the letter in front of its box plot.)
Standard Deviation is a measure of the spread of a data set. The smaller the standard deviation, the closer the values are to the mean.
In the box and whisker plots, the box represents the middle portion of the dataset (the middle 50%), the whiskers represent the outer 25% of the data, and the line inside the box is the median.In this case, the box and whisker plot with the smallest standard deviation is the plot on the right, which shows a box that is wider than the other plot but with less variation in the whiskers. This indicates that the values in the plot on the right are closer to the median than in the plot on the left, which suggests that the standard deviation of the plot on the right is smaller than the standard deviation of the plot on the left.
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Jarad Rodriguez deposited $10,000 at 10% compounded semiannually. At the start of year 6, Jarad deposited an additional $5,000 that is compounded at the same rate. At the end of 10 years, what is the balance in Jarad's account? (Do not round intermediate calculations. Round your answer to the nearest cent.)
The balance will be $34,677.45 in Jarad's account, at the end of 10 years.
The balance in the account is computed as illustrated follow as:
Future value = Present value (1 + r)n
Because the amount is compounded semi-annually, the interest rate is split by two and the number of time periods is multiplied by two.
So, the balance in the account is computed as follows:
= $10,000 x (1 + 0.10 / 2)10 x 2 + $5,000 x (1 + 0.10 / 2)5 x 2
= $26,532.97705 + $8,144.473134
= $34,677.45 Approximately
Thus, the balance will be $34,677.45 in Jarad's account, at the end of 10 years.
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Solve: (x - 10)² + 10 = 100
Square Roots and Completing the Square.
Answer:
Below
Step-by-step explanation:
(x-10)^2 = 90 sqrt both sides
x-10 = ± sqrt (90)
x = 10 ± sqrt (90)
An electronics retailer used regression to find a simple model to predict sales growth in the first quarter of the new year (January through March). The model is good for 90 days, where x is the day. The model can be written as follows:
ŷ = 103.38 + 2.45x
where ŷ is in thousands of dollars.
What would you predict the sales to be on day 60?
Using the regression model you predict the sales to be $ 250.38 on day 60.
What is a regression model?A regression model is an equation used to ascertain the relationship between two variables.
How to find what you would predict the sales to be on day 60?Given that an electronics retailer used regression to find a simple model to predict sales growth in the first quarter of the new year (January through March). The model is good for 90 days, where x is the day.
The model can be written as follows:
ŷ = 103.38 + 2.45x
where ŷ is in thousands of dollars.
Since we require the sales gtowth after 0 days, substituting x = 60 into the equation for the regression model, we have that
ŷ = 103.38 + 2.45x
ŷ = 103.38 + 2.45(60)
ŷ = 103.38 + 2.45(60)
ŷ = 103.38 + 147
ŷ = 250.38
So, you predict the sales to be $ 250.38 on day 60.
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Which property justifies the step?
2x +3 = -5x -1
7x + 3 = -1
A. distrubutive property
B. addition property of equality
c. commutative property
D. subtraction property of equality
The answer choice which corrects justifies the step as described is; Choice B; addition property of equality.
Which answer choice correctly justifies the step?It follows from the task content that the answer choice which corrects justifies the step as given is to be determined.
Since the starting step is;
2x + 3 = -5x - 1
By adding 5x to both sides of the equation;
2x + 5x + 3 = -5x - 1 + 5x
7x + 3 = -1
Recall that; the addition property of equality postulates that;
if x = y;
Then, x + a = y + a.
On this note, the property which justifies the step is; Choice B; Addition property of equality.
Read more on addition property of equality;
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Jane is having difficulty deciding whether to put her savings in the Mystic Bank or in the Four Rivers Bank. Mystic offers a 12% rate compounded quarterly, and Four Rivers offers 14% compounded semiannually. Jane has $40,000 to invest and expects to withdraw the money at the end of five years. The better deal is:
Multiple Choice
Four Rivers because she will earn about $6,442 more.
Four Rivers because she will earn about $6,523 more.
Four Rivers because she will earn about $4,000 more.
Four Rivers because she will earn about $20,000 more.
Answer:
The answer is option (C). Four Rivers Bank
Explanation:
a). The total amount Jane will receive after 5 years after investing $40,000 in the Mystic Bank can be expressed as follows;
A = P (1 + r/n) (nt)
where;
A = the future value of the initial investment
P = initial investment amount/principal amount
r = the annual interest rate
n = the number of times that interest is compounded per unit t
t = the time the money is invested for
In our case;
P=$40,000
r=12/100=0.12
n=interest is compounded quarterly which is four times a year=4
t=5 years
Replacing values in the formula;
A=40,000(1+0.12/4)^(4×5)
A=40,000(1+0.03)^20
A=40,000×1.806
A=72,244.45
The total amount Jane will receive after 5 years if she chooses to invest with the Mystic Bank is $72,244.45
b). The total amount Jane will receive after 5 years after investing $40,000 in the Four Rivers Bank can be expressed as follows;
A = P (1 + r/n) (nt)
where;
P=$40,000
r=14/100=0.14
n=interest is compounded semiannually which is two times a year=2
t=5 years
Replacing values in the formula;
A=40,000(1+0.14/2)^(2×5)
A=40,000(1+0.07)^10
A=40,000×1.967
A=78,686.05
The total amount Jane will receive after 5 years if she chooses to invest with the Four Rivers Bank is $78,686.05
c). The best deal would be to invest with Four Rivers Bank for 5 years since the total amount Jane will receive after 5 years will be $78,686.05 which is greater than $72,244.45, which is the total amount she will receive if she chooses to invest with Mystic Bank