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True [87]
2 years ago
6

A sum of 2500$ is invested in a saving account which pays interest at a rate of 7 per year compounded annually. if the amount is

kept on deposit for 15 year's, what will the compound amount equal? how much interest will be earned during the 15 years?
Mathematics
1 answer:
stiks02 [169]2 years ago
6 0

Answer:

Step-by-step explanation:

2500( 7 years )

????? (15 years )

15*2500=37 500

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Answer:

Area of a Circle = 254.34 cm²

Step-by-step explanation:

Area of a Circle = π r²

Area of a Circle = 3.14 * 9²

Area of a Circle = 254.34 cm²

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Your answer is 56 and d

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you plan to save 600 a month for the next 30 years for retirement. What interest rate would you need to have for 1,000,000 at re
8_murik_8 [283]

Answer:

About 463%

Step-by-step explanation:

600*12= 7200

7200*30= 216000

1,000,000/ 216000 = about 4.63

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4.63*216000= 1,000,080

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3 years ago
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Given the linear equation, 2x +4= 6, find the rate, initial value, and specific value.
kap26 [50]

Answer: B. The rate is 2, the initial value is 4, and the specific value is 6.

Step-by-step explanation:

for a linear function y = a*x + b

Rate = coefficient that is multiplicating the variable. ( a in this case)

Initial value = value taken of y, when we have x = 0 (b in this case)

Specific value = value forced on y.

In this case, we have:

y = 6 = 2*x + 4

Then:

The coefficient multiplicating x is 2, so the rate is 2.

The constant term is 4, so the initial value is 4.

The value equal to y is 6, so the specific value is 6.

The correct option is B.

4 0
3 years ago
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