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geniusboy
2 months ago
5

At what rate would you need to invest $12000 and make $2880 after 8 years?

Mathematics
1 answer:
PIT_PIT [12.4K]2 months ago
4 0

Answer:

3\%

Step-by-step explanation:

We start with the fact that

The formula for simple interest is represented by

I=P(rt)

where:

I denotes the Final Interest Value

P indicates the Principal amount to be invested

r specifies the interest rate

t refers to the Number of Time Periods

For this scenario, we have

t=8\ years\\ P=\$12,000\\I=\$2,880\\r=?

We can substitute these values into the formula mentioned above

2,880=12,000(8r)

Next, we solve for t

2,880=96,000(r)

r=2,880/96,000

r=0.03

Convert to a percentage format

0.03*100=3\%

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Show that A(t)=300−250e0.2−0.02t satisfies the differential equation ⅆAⅆt=6−0.02A with initial condition A(10)=50 .
Leona [12618]

Detailed derivation:

dA/dt = 6 - 0.02A

dA/dt = -0.02 (A - 300)

Rearranging terms.

dA / (A - 300) = -0.02 dt

Integrate both sides.

ln(A - 300) = -0.02t + C

Isolate A.

A - 300 = Ce^(-0.02t)

A = 300 + Ce^(-0.02t)

Apply initial condition to determine C.

50 = 300 + Ce^(-0.02 × 10)

50 = 300 + Ce^(-0.2)

-250 = Ce^(-0.2)

C = -250e^(0.2)

A = 300 - 250e^(0.2)e^(-0.02t)

A = 300 - 250e^(0.2 - 0.02t)

8 0
3 months ago
1. The cities of Dallas, Charleston, and Indianapolis form a triangle. The distance from Dallas to
PIT_PIT [12445]

Answer: 130 degrees

Step-by-step explanation:

Given that

The distance from

Dallas to Charleston = 980 miles, from Charleston to Indianapolis = 595 miles, and from Indianapolis to Dallas is 764 miles.

Assuming that Dallas and Charleston are situated on the same latitude, we need to determine the bearing from Charleston to Indianapolis.

We will utilize the cosine rule to find the angle at Charleston.

764^2 = 980^2 + 595^2 - 2(980)(595)cosØ

583696 = 1314425 - 1166200cosØ

-1166200cosØ = -730729

CosØ = 0.6266

Ø = 51.2

Next, we calculate the angle at Indianapolis using the sine rule:

980/sinI = 764/sin 51.2

Reciprocate both sides:

SinI/980 = sin 51.2/764

Therefore, Sin I = 980 × sin 51.2/764

Sin I = 0.9996

I = 88.5 degrees

The bearing = 270 - (51.2 + 88.5)

= 270 - 140

= 130 degrees.

4 0
2 months ago
The time between failures for an electrical appliance is exponentially distributed with a mean of 25 months. What is the probabi
Inessa [12570]

Answer:

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Step-by-step explanation:

We employ a Poisson distribution where:

t = time units

x = occurrences during t units

λ = average occurrences per unit of time

P(x;λt) = e raised to the power of (-λt) multiplied by λtˣ divided by x!

Here, λt equals 25.

x equals 30.

P(x= 30) = 25³⁰e⁻²⁵/ 30!

P (x= 30) = 8.67 E41 * 1.3887 E-11/30!    (where E signifies exponent)

P (x=30) = 1.204 E31/30!

Utilizing a statistical calculator will yield:

P (x=30) = 0.0454

The probability that the next failure will not occur prior to 30 months is 0.0454.

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2 months ago
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1 month ago
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