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Asked May 24, 2010, 06:06 PM — 3 Answers
ProfessorWilliamson counts his
Midterm as 2/3 of the grade and his final as 1/3 of the grade.
Wendy scored only 48 on the midterm. What range of
Scores on the final exam would put Wendys average
Between 70 and 79 inclusive?

3 Answers
ebaines's Avatar
ebaines Posts: 10,055, Reputation: 5539
Expert
 
#2

May 25, 2010, 07:30 AM
Solve for two values of F to give the high and low scores that get the final grade to 70 and 79:

2/3 x 48 + 1/3 x F = 70
2/3 x 48 + 1/3 x F = 79

I think you'll find that Wendy is in trouble!
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harriscn's Avatar
harriscn Posts: 1, Reputation: 10
Junior Member
 
#3

Apr 23, 2011, 05:55 PM
In 18 years, a family expects to need $86,000 for a child's college education. If they can invest at a rate of 6% per year, compounded monthly, how much do they need to deposit immediately to have sufficient funds 18 years from now?
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Unknown008's Avatar
Unknown008 Posts: 8,147, Reputation: 3745
Uber Member
 
#4

Apr 24, 2011, 09:56 AM
The formula for the total money after compound interest is added is:



The interest is compounded annually, and you're given the time in years, so there is no problem here.

Sum = 86000
Principal = What you want to find
Rate = 6
Time = 18

Can you post what you get?
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