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Mathematics 8 Online
lilcutie2:

help

lilcutie2:

how do we do time @az

lilcutie2:

number 5

snowflake0531:

what are you doing?

lilcutie2:

number 5 the time

AZ:

Same concept as #3 except that we know the rate but now we're solving for time A = P * (1 + rt) Can you tell me what the A, P and r are going to be for #5?

snowflake0531:

there aren't any numbers plus, the fifth line-ish thing/paragraph thing is like addition ??

lilcutie2:

wrong ss

snowflake0531:

lol

lilcutie2:

AZ:

yeah I assumed as much haha. This is the question:

1 attachment
snowflake0531:

interest stuff---- umm should i assume the first line is the principle, the second is interest is it annual or what? and the third is time, and the fourth is the ending sum-ish thing

AZ:

first is the principle second is the annual rate third is time fourth is the interest

lilcutie2:

I have to do time

AZ:

remember the A in our equation is the initial amount + interest the initial amount is in the first column and the interest is in the last column so what is 4800 + 2160

lilcutie2:

6960

AZ:

So that's your A what is your rate (convert it to a decimal) and what was the initial amount again?

lilcutie2:

6.960

AZ:

no no 6960 is our A A = P * (1 + rt) what is our RATE (9%) as a decimal? and what is our P the principle our the initial amount? It's the number in the first column

lilcutie2:

0.09

lilcutie2:

@az

AZ:

and what was the beginning amount?

lilcutie2:

4800

AZ:

good so now we have A = 6960 P = 4800 r = 0.09 so put it all into our formula 6960 = 4800 * (1 + (0.09t)) we have to solve for t can you do that?

lilcutie2:

divide

AZ:

yes divide by 4800 on both sides

lilcutie2:

I got 53 repeated

AZ:

what did you divide 6960 = 4800 * (1 + (0.09t)) we should first be doing 6960 / 4800 =

lilcutie2:

1.45

lilcutie2:

@az

AZ:

so now we have 1.45 = 1 + 0.09t subtract 1 on both sides and then divide by 0.09

lilcutie2:

I got .0405

lilcutie2:

@az

AZ:

1.45 - 1 = are you sure it's 0.0405

lilcutie2:

I got .45 and you said times it by 0.09

lilcutie2:

so I did

AZ:

DIVIDE

lilcutie2:

5 I'm sorry calm down

AZ:

because we'll have 0.45 = 0.09 * t since we're multiplying 0.09 and t, to get t all by itself we have to divide on both sides

AZ:

Oh I'm sorry, I'm not yelling. I'm just using caps to show emphasis on the word haha

lilcutie2:

\(\color{#0cbb34}{\text{Originally Posted by}}\) @AZ Oh I'm sorry, I'm not yelling. I'm just using caps to show emphasis on the word haha \(\color{#0cbb34}{\text{End of Quote}}\) oh ok just making sure

AZ:

yes :) now just divide 0.45/0.09 =

lilcutie2:

thanks for the help and I got 5

AZ:

and that's your time in years! so 5 years :)

lilcutie2:

\(\color{#0cbb34}{\text{Originally Posted by}}\) @AZ and that's your time in years! so 5 years :) \(\color{#0cbb34}{\text{End of Quote}}\) thanks so much

AZ:

You're most welcome!!

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