Ab3ss
Answered

Get the answers you need at Westonci.ca, where our expert community is always ready to help with accurate information. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

Mhanifa please c:



1) A principle of $300 was deposited in a savings account that pays 3.5 interest compounded yearly. Find the balance after 5 years.

2) UPS charges $7 for the first pound, and $0.20 for each additional pound. FedEx charges $5 for the first pound, and $0.30 for each additional pound. How many pounds, p, will it take for UPS and FedEx to cost the same?

Sagot :

DWRead

Answer:

Step-by-step explanation:

300×1.035⁵ ≅ $356.31

:::::

UPS charge = 7 + (p-1)0.20 = 0.20p +6.80

FedEx charge = 5 + (p-1)0.30 = 0.30p + 4.70

0.30p + 4.70 = 0.20p +6.80

0.10p = 2.1

p = 21

They charge the same for 21 pounds.

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.