A man invested three equal amounts of money at 5%,16% and 25% annual interest rates,respectively.if his total annual income is 552,000pesos how much did he invest at each rate.

Ad

The answer here is 1,200,000pesos or 1.2 million pesos.

Solution:

[x + (x) (0.05)] + [x + (x) (0.16)]+ [x + (x) (0.25)] = 3x + 552,000

(x + 0.05x) + (x + 0.16x) + (x + 0.25x) = 3x + 552,000

1.05x + 1.16x + 1.25 x = 3x + 552,000

3.46x = 3x + 552,000

3.46x - 3x = 552,000

0.46x = 552,000

x = 552,000/0.46

x = 1,200,000

Answer: 1,200,000 pesos

Find the two consecutive positive integers such that 1/4 the smaller is 3 more than 1/5 the larger?

159,537.57 pesos

Four less than three times a number is 5.Find the number.

The problem at hand belongs to a class of problems described by the equation

(4)
ax = b,
where x is a variable that denotes the unknown, while a and b are constant (but arbitrary) coefficients.

Equation (4) says that two entities are (or expected to be) equal. One is the number on the right - b. The other (incidentally) a product of two numbers - ax. A quick solution to the equation is obtained following a rule similar to Euclid's

*if equals be divided into equals, the results are equal.*
Thus we are prompted to conclude that (ax)/a = b/a, or

(5)
x = b/a,
that apparently asserts that the unknown is actually equal to b/a. The problem is solved. Or is it?

Do not forget that in (4) *coefficients* a and b are arbitrary. As far as the equation (4) is concerned, they may be anything. Solving a *general* equation like (4) is different from solving specific equations like 4x = 12, whose solution is readily obtained as x = 12/4, x = 3. In (4) we are obligated to account for all possible *specific* cases. Most of the cases are, indeed, handled in the same manner, as in (5). The exception is when a = 0. This is one of characteristic properties of zero that multiplied by another number, any number, it does not change. We may not know x, but if a = 0, then ax is bound to be 0! So unless b is also zero, the equality in (4) is not possible. We arrive at the following cases:

a
b
Not zero
Any
x = b/a
Zero
Not zero
(4) has no solutions
Zero
Zero
any x solves (4)
The original problem imposes additional (*semantic*) constraints. First of all, no one's age can be 0 or negative. Secondly, you would probably be very much surprised to hear a reply "13.5" to a question of yours, "How old are you?" Somewhere in the grade school, where kids of about the same age learn, work, and play together, the difference of a few month loses its significance. From that time on, we count years of our life with integers, discarding the fractional part. This means that in the original word problem it is very natural to assume that all quantities involved are positive integers such that a divides b evenly. (However, this particular fact is not carved in stone. Faced with a similar problem, you may want to check with your teacher.) The same goes for the comon usage of the word *times*. We never say "1 time as young", let alone "1 times as young."

However, assume the problem reads

*A 40 years old father is 7 times older than his son. What is the son's age? *
The formal answer is 40/7 years. Which does not look quite right. For, one would never hear such year count in the context of age determination. Is there a better answer? There might. For example, rounding to the nearest integer, we may suggest that the son's age is 6. This will not mean that 6 = 40/7, but rather that in our opinion the boy is big enough to count his age by years without the fractional part or months. In situations like this, it's the context rather than mathematics that determines the expected answer.

To summarize, above we have looked into three classes of problems. One - that of solving an abstract equation ax = b - has a unique solution for a different from 0. When a = 0, the equation either has infinitely many solutions (b = 0), or no solutions at all (b different from 0). Problems of the second kind deal with solving the same equation ax = b but subject to some constraints. For example, we may be only interested in positive integer solutions. In which case, fractional solutions of the equation ax = b will not solve the restricted problem and thus must be discarded. The third kind of problems - certain word problems - when formalized, lead to problems ofof the second kind with constraints determined from the word problem context.

The names "a" and "b" for the constants in the equation (4) are as arbitrary as they were in the equation a + x = b and are as arbitrary as the name "x" for the unknown. The latter equation is verbalized as "a constant plus the unknown equals another constant", while (4) is expressed as "a constant times the unknown equals another constant". Bearing in mind the arbitrariness of the names given to constants, we combine two equations a + x = b and ax = b into one:

solving word problems involving linear equation - wprob3.gifg src="/uploads/images/wprob3.gif" alt="wprob3.gif" class="h_mi" />
On the one hand, both a + x = b and ax = b are specializations of the equation ax + b = c. (The first is obtained from ax + b = c when a = 1, the second when b = 0.) On the other hand, both a + x = b and ax = b emerge as intermediate steps when solving a more general equation ax + b = c.

Think of the term ax as another unknown. ax + b = c is then a shorthand for "the (new) unknown plus a constant equals another constant" which is solved by subtracting the first constant from both sides. The result of this step is an equation like (4): "the unknown times a constant equals a constant". The latter is solved, as in (5), by dividing both sides by the same constant.

0helpful

2answers

Fixed deposit calculations can be done by both manual and automatic methods.Now let us figure out the fd calculation in both ways:

**1.) Manual Calculation Technique:** It is the conventional process to know your Fixed deposit interest calculation. The formula for manual fd calculation is used as below:

Where,A = Final Amount

P = Principal Amount (initial investment)

r = Annual Nominal Interest Rate (as a decimal, not in percentage)

n = Number of times the interest is compounded per year

t = Number of years

**2.) Online Calculator Technique:** Nowadays online FD calculator is very amazing technique and it is a very useful online tool that helps you to easily calculate your Fixed deposit return. Online FD calculators uses simple technique in which you need to put your amount, tenure, interest rate and can get accurate results instantly. You can easily calculate and compare the interest receivable by changing the deposit amount.

Where,A = Final Amount

P = Principal Amount (initial investment)

r = Annual Nominal Interest Rate (as a decimal, not in percentage)

n = Number of times the interest is compounded per year

t = Number of years

Mar 18, 2018 •
Finance

1helpful

1answer

$15,000 at 3% and $6,000 at 7%.

If this is homework, be sure to show your work.

If this is homework, be sure to show your work.

Sep 06, 2014 •
Office Equipment & Supplies

1helpful

1answer

With simple interest, there is no compounding. To earn 2200.50 interest in six years, you need to earn 2200.50/6 = 366.75 each year. In order to earn 366.75 at 10.5%, you need a principal of 366.75/10.5% = 3492.86.

If the interest is compounded annually then you only need to invest 2682.13.

If the interest is compounded annually then you only need to invest 2682.13.

May 03, 2014 •
Casio FX-115ES Scientific Calculator

0helpful

1answer

Invest R10000 in a bank investing at 14% compounded twice a year.

A = P(1+i)^n, where A is the amount, P is the principal or initial investment, i is the interest rate per period, and n is the number of periods.

If the annual rate is 14%, the semi-annual rate is 7%. One year is now composed of 2 6-month periods.

So after one year, we have A = 10 000 (1.07)^2 or 11,449.

Good luck,

Paul

A = P(1+i)^n, where A is the amount, P is the principal or initial investment, i is the interest rate per period, and n is the number of periods.

If the annual rate is 14%, the semi-annual rate is 7%. One year is now composed of 2 6-month periods.

So after one year, we have A = 10 000 (1.07)^2 or 11,449.

Good luck,

Paul

Nov 19, 2013 •
Sharp EL-738 Scientific Calculator

1helpful

1answer

What you want to do is solve the linear equation 2x=10 to find the value of the unknown x that makes the equality true. Solving an equation usually involves rearranging therms, factors and so on. However your calculator was not designed to handle the solution of equations, no matter how simple they are.

Some Casio scientific calculators can solve some types of equations (polynomials of degree 2 or 3, simultaneous linear equations in up to 3 unknowns). These are the FX-115 ES (Plus) and FX-991 ES (Plus C). Other equivalent models are sold in the world under different names.

Some Casio scientific calculators can solve some types of equations (polynomials of degree 2 or 3, simultaneous linear equations in up to 3 unknowns). These are the FX-115 ES (Plus) and FX-991 ES (Plus C). Other equivalent models are sold in the world under different names.

Oct 16, 2013 •
Casio FX350MS Scientific Calculator

0helpful

1answer

GOOD QUESTION, Patweetyp...

I've got you covered.

Seeing how it's been three weeks since you posted this there's a chance you've already gotten your answer, but let me go ahead solve this for those out there who may have had the same problem.

Background: There are FIVE TVM Keys; and as you would assume, you MUST input FOUR of them in order for the BA II Plus to solve for the fifth. Now let's get down to business.

1. Hit CLR TVM. [This is just a cleanup maneuver]

1a. Hit ENTER [yes, BA II Plus always needs to be told to store the value, ALWAYS]

2. Type in -2400

3. Hit PV [Since you are investing money at time 0, your present value is negative 2400]

3a. Hit ENTER

4. Type 6

5. Hit I/Y [Your annually compounded interest rate is 6 percent]

5a. Hit ENTER

6. Type 0

7. Hit PMT [you do not have any recurring deposits*]

7a. Hit ENTER

8. Type 1

9. Hit N [there is one year until expiration/liquidation/termination]

9a. Hit ENTER

10. Hit CPT

11. Hit FV [this is your ANSWER = 2544]

----- From here, all you would need to do is change N in order to get your other answers (5 years, 10 years, etc) ----

*If your calculation does not require a recurring payment then you really just have a basic equation of value which would be solved faster by hand. (IE, 2400*(1.06)^1=FV=2544).

You'll notice that I underlined "annually compounded" as well as "one year". The reason for this is because you ALWAYS need your interest term to match your time interval. For instance, if you had monthly payments of which you wanted the year-end total you would need a monthly effective interest rate, and N would be 12.

Okay, I hope that helped. The BAII Plus is the best calculator for time-value-money calculations I've come across. When things get more advanced, you will start using the amortization table which cannot be found in any other TI Calculator (from what I know). TVM is perfect for annuities, mortgages, loans, bonds, and more.

[email protected] for more questions.

TEXAS INSTRUMENTS = 1-800-TI-CARES...they are friendly.

I've got you covered.

Seeing how it's been three weeks since you posted this there's a chance you've already gotten your answer, but let me go ahead solve this for those out there who may have had the same problem.

Background: There are FIVE TVM Keys; and as you would assume, you MUST input FOUR of them in order for the BA II Plus to solve for the fifth. Now let's get down to business.

1. Hit CLR TVM. [This is just a cleanup maneuver]

1a. Hit ENTER [yes, BA II Plus always needs to be told to store the value, ALWAYS]

2. Type in -2400

3. Hit PV [Since you are investing money at time 0, your present value is negative 2400]

3a. Hit ENTER

4. Type 6

5. Hit I/Y [Your annually compounded interest rate is 6 percent]

5a. Hit ENTER

6. Type 0

7. Hit PMT [you do not have any recurring deposits*]

7a. Hit ENTER

8. Type 1

9. Hit N [there is one year until expiration/liquidation/termination]

9a. Hit ENTER

10. Hit CPT

11. Hit FV [this is your ANSWER = 2544]

----- From here, all you would need to do is change N in order to get your other answers (5 years, 10 years, etc) ----

*If your calculation does not require a recurring payment then you really just have a basic equation of value which would be solved faster by hand. (IE, 2400*(1.06)^1=FV=2544).

You'll notice that I underlined "annually compounded" as well as "one year". The reason for this is because you ALWAYS need your interest term to match your time interval. For instance, if you had monthly payments of which you wanted the year-end total you would need a monthly effective interest rate, and N would be 12.

Okay, I hope that helped. The BAII Plus is the best calculator for time-value-money calculations I've come across. When things get more advanced, you will start using the amortization table which cannot be found in any other TI Calculator (from what I know). TVM is perfect for annuities, mortgages, loans, bonds, and more.

[email protected] for more questions.

TEXAS INSTRUMENTS = 1-800-TI-CARES...they are friendly.

Feb 19, 2011 •
Texas Instruments BA-II Plus Calculator

0helpful

3answers

x=7

y=-1

y=-1

Jan 30, 2009 •
Bagatrix Algebra Solved! 2005 (105101) for...

0helpful

2answers

i dont know the solution...

Jul 04, 2008 •
Computers & Internet

11,383 views

Usually answered in minutes!

A certain amount of money was invested at 6% per year, and another amount at 8.5%, with a total return of $1250. If the amounts invested at each rate were switched, the yearly income would have been $1375. To the nearest whole dollar, how much was invested at each rate?

fgh!

×