Answer:
2) 15.00 + 0.80x
3) 0.90p
Step-by-step explanation:
Answer:
well what would you do to figure it out?
Step-by-step explanation:
Answer:
a; she will have $8812
b: It will be enough for her trip
Step-by-step explanation:
In this question, we are tasked with calculating how much a certain value in a savings account that is earning an interest that is compounded annually will be worth.
To calculate this, we use the compound interest formula;
A = P(
Where A is the amount after that number of years which of course we want to calculate
P is the principal amount which is the amount we are investing which is $6439 according to the question
r is the interest rate which is 4% = 4/100 = 0.04
t is the time which is 8 years
n is 1 which is the number of times interest will be compounded annually
We plug these values as follows;
A = 6439(1 + 0.04/1)^8
A = 6439(1.04)^8
A = $8,812.22
This amount is greater then the needed $8,500 for the trip and of course it will be enough
Answer: $554,190
Step-by-step explanation:
637,000 x .13= 82,810
637,000- 82,810= 554,190
Answer:
16 months
Step-by-step explanation:
Look at the chart on the left and look at what number of months is closest to 15,000. 16 is at 15,034
To solve mathematically:
y is the balance that his account would have. You want to find the amount of months it will take before it becomes $15,000, so 15000 is your y value
15,000= - 440.91x+22,060.7
-7,060.7= - 440.91x Subtract 22,060.7 from both sides
16.0139=x Divide both sides by - 440.91