Felix has $100 in an account that earns 5% interest compounded annually.

Mathematics

1 answer:

meriva2 years ago

4 0

Answer:

$110.49

Step-by-step explanation:

100(1+0.05/12)^12(2)

The $100 increases by 5%, or 1.05, every year, and to find the interest after two years, we use the formula above. His value after the first year raises to $105, and then again by 5%, which is 110.49.

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tia_tia [17]

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Answer & Step-by-step explanation:

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Find the difference between the result of one sixth of product of 10 and 3 multiplied by 4 and 30

kherson [118]

Answer:

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Read the explanation

Step-by-step explanation:

Rewrite this problem as a numerical expression. As per the wording of this problem, there can be two expressions derived.

1. $((\frac{1}{6}(10*3)*4)-30$

2. $30-((\frac{1}{6}(10*3)*4)$

Simplify, remember the order of operations. The order of operations is the sequence by which one is supposed to perform operations in a numerical expression. This order is the following:

1. Parenthesis

2. Exponents

3. Multiplication or division

4. Addition or Subtraction

Use this sequence when simplifying and solving the expression:

Expression 1

$((\frac{1}{6}(10*3)*4)-30\\\\=((\frac{1}{6}(30)*4)-30\\\\=(5*4)-30\\\\=20 - 30\\\\= -10$