Answer: $4,365.10
Step-by-step explanation:
Ok, we know that:
The account starts with $2350
There is a simple interest of 3.75% (or 0.035).
Then after one year, the amount in the account will increase by 3.75%, this means that the amount will be:
$2350 + 0.035*$2350 = (1.035)*$2350.
After another year, we have the same increase (but applied to the new amount in the account):
(1.035)*$2350 + 0.035*(1.035)*$2350. = (1.035)^2*$2350
And so on.
You already can see the pattern here, the amount of money in the saving account after N years will be:
M(N) = $2350*(1.035)^N.
Now we can answer:
what is the balance of the account if it earns a simple interest of 3.75% for 18 years?
Just replace N by 18 in that equation:
M(18) = $2350*(1.035)^18 = $4,365.10
Answer:
x < -4 or x > 8
On a number line, make two arrows:
1) going towards left from -4 with an open circle at -4
2) going towards right from 8 with an open circle at 8
Step-by-step explanation:
l -4 +2x l -3 > 9
l -4 +2x l > 12
l 2x - 4 l > 12
2x - 4 > 12
2x > 16
x > 8
-2x + 4 > 12
-2x > 8
x < -4
On a number line, make two arrows:
1) going towards left from -4 with an open circle at -4
2) going towards right from 8 with an open circle at 8
Sense the two triangles are congruent you would use CPCTC.
