Answer:
The amount we have to deposit in a savings account x = $ 17777.78
Step-by-step explanation:
Amount = $ 20000
R = 2.5 %
Time = 5 years
Take principal amount = x
Simple interest earned in five years
S.I. = 
------- (1)
We know hat total amount is given by
Total amount = principal amount + simple interest
A = x + S.I.
Given that the total amount after 5 years is = $ 20000
x = $ 17777.78
This is the amount we have to deposit in a savings account.
Answer:(x-3) (x+3)
Step-by-step explanation:
Answer:
By doubling each day
Step-by-step explanation:
Jay is increasing daily a fixed amount of pennies to his collection. That's an arithmetic series, because to obtain the next term you have to do an addition.
To get a geometric series or progression you have to find the next term through multiplication.
So, if he wants to convert his series into a geometric series, he'd have to double his contribution to his collection each day (as an example).
Answer:
...
Step-by-step explanation:
1. 0.002
2. 308%
3. 2 6/10
Answer:
$1,800
Step-by-step explanation:
If Michael works 30 hours a week for $15 an hour we can use the equation:
15 x 30 = 450.
Now just multiply the given answer by 4 and you're left with:
450 x 4 = 1800.
