Suppose you want to accumulate $50,000 for a college fund over the next 15 years. Determine whether the following investment plans will allow you to reach your goal. Assume that the compounding and payment periods are the same for all the accounts. Question 1: You deposit $75 per month into an account with an APR of 7%. Question 2: You deposit $200 per month into an account with an APR of 5%.

ian gonna lie that is way to much

more detail

step-by-step explanation:

x= 1

step-by-step explanation: convert 5\frac{11}{12}5

​12

​

​11

​​   to improper fraction. use this rule: a \frac{b}{c}=\frac{ac+b}{c}a

​c

​

​b

​​ =

​c

​

​ac+b

​​

3.25+0.5x+1\frac{1}{3}+\frac{5}{6}x=\frac{5\times 12+11}{12}3.25+0.5x+1

​3

​

​1

​​ +

​6

​​5

​​ x=

​12

​5×12+11

​​ 2 simplify 5\times 125×12 to 6060

3.25+0.5x+1\frac{1}{3}+\frac{5}{6}x=\frac{60+11}{12}3.25+0.5x+1

​3

​​1

​​ +

​6

​5

​​ x=

​12

​​60+11

​​3 simplify 60+1160+11 to 7171

3.25+0.5x+1\frac{1}{3}+\frac{5}{6}x=\frac{71}{12}3.25+0.5x+1

​3

​​1

​​ +

​6

​​5

​​ x=

​12

​​71

​​4 simplify \frac{5}{6}x

​6

​​5

​​ x to \frac{5x}{6}

​6

​5x

​​ 3.25+0.5x+1\frac{1}{3}+\frac{5x}{6}=\frac{71}{12}3.25+0.5x+1

​3

​

​1

​​ +

​6

​5x

​​ =

​12

​​71

​​ 5 convert 1\frac{1}{3}1

​3

​​1

​​   to improper fraction. use this rule: a \frac{b}{c}=\frac{ac+b}{c}a

​c

​​b

​​ =

​c

​​ac+b

​​3.25+0.5x+\frac{1\times 3+1}{3}+\frac{5x}{6}=\frac{71}{12}3.25+0.5x+

​3

​​1×3+1

​​ +

​6

​​5x

​​ =

​12

​71

​​ 6 simplify 1\times 31×3 to 33

3.25+0.5x+\frac{3+1}{3}+\frac{5x}{6}=\frac{71}{12}3.25+0.5x+

​3

​​3+1

​​ +

​6

​​5x

​​ =

​12

​71

​​ 7 simplify 3+13+1 to 44

3.25+0.5x+\frac{4}{3}+\frac{5x}{6}=\frac{71}{12}3.25+0.5x+

​3

​​4

​​ +

​6

​5x

​​ =

​12

​71

​​8 simplify 3.25+0.5x+\frac{4}{3}+\frac{5x}{6}3.25+0.5x+

​3

​​4

​​ +

​6

​​5x

​​   to \frac{13.75}{3}+\frac{4x}{3}

​3

​​13.75

​​ +

​3

​4x

​​ \frac{13.75}{3}+\frac{4x}{3}=\frac{71}{12}

​3

​​13.75

​​ +

​3

​​4x

​​ =

​12

​71

​​ 9 simplify \frac{13.75}{3}

​3

​​13.75

​​   to 4.5833334.583333

4.583333+\frac{4x}{3}=\frac{71}{12}4.583333+

​3

​​4x

​​ =

​12

​71

​​ 10 subtract 4.5833334.583333 from both sides

\frac{4x}{3}=\frac{71}{12}-4.583333

​3

​

​4x

​​ =

​12

​

​71

​​ −4.583333

11 simplify \frac{71}{12}-4.583333

​12

​

​71

​​ −4.583333 to \frac{4}{3}

​3

​4

​\frac{4x}{3}=\frac{4}{3}

​3

​​4x

​​ =

​3

​4

​​ 12 multiply both sides by 33

4x=\frac{4}{3}\times 34x=

​3

​4

​​ ×3

13 simplify \frac{4}{3}\times 3

​3

​​4

​​ ×3 to \frac{12}{3}

​3

​​12

​​ 4x=\frac{12}{3}4x=

​3

​​12

​​ 14 simplify \frac{12}{3}

​3

​​12

​​   to 44

4x=44x=4

15 divide both sides by 44

x=1

​​

tell you what. i'll find the length of the medians and you can fill in the blanks where they belong.

br

b = (2a,0)

r = (a/2,b/2) remember these things are medians. they go to the 1/2 way point of the line opposite the vertex they face.

br^2 =   (2a - a/2)^2 + (0 - b/2)^2

br^2 = (3/2 a) ^2 + b^2 / 4

br^2 = 9/4 a^2 + b^2 / 4   we need to find some relationship between a and b.

let's try ab = bc  

ab = 2a

bc = (2a - a)^2 + (b - 0)^2

bc = sqrt(a^2 + b^2)

ab = bc

2a = sqrt(a^2 + b^2) square both sides.

4a^2 = a^2 + b^2 subtract a^2 from both sides.

sqrt(3a^2) = sqrt(b^2)

sqrt(3)a = b

let's put b into br^2

br^2 = 9/4 a^2 + 3b^2 / 4

br^2 = 12 a^2 / 4

br^2 = 3a^2 

br = sqrt(3) * a

cp

c = (a,b) ; p = (a,0) this is another application of the distance formula, and it is a good one.

cp^2 = (a - a)^2 + (b - 0)^2

cp^2 = 0 + b^2

cp^2 = b^2 which you can see from the diagram. 

cp = sqrt(b^2)

cp = b but b = sqrt(3) * a 

cp = sqrt(3)*a

aq

a = (0,0)

q = (3/2) a, b/2

aq^2 = (3a/2 -0)^2 + (b/2 - 0)^2

aq^2 = 9a^2/4 + b^2/4

but b = sqrt(3) * a 

aq^2 = 9a^2 / 4 + (sqrt(3)*a)^2 /4

aq^2 = 9 a^2/ 4 + 3 a^2 / 4

aq^2 = 12 a^2/4

aq^2 = 3 a^2

aq = (sqrt  3) * a which agrees with the other two.