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vlada-n [284]
2 years ago
13

If a person lnvests $120 at 8% annual interest, find the approximate value of the investment at the end of 5 years

Mathematics
1 answer:
Pie2 years ago
6 0

Answer:

$176.3193692 or $176.32 (rounded to two decimal places)

Step-by-step explanation:

It is a compound interest, which means the interest accumulates on an initial amount each period.

The formula is A=P(1+R)^n

A= the total amount P=initial amount      R=rate   n=time (years)

P=$120   Rate= 8% or 0.08 (decimal)  n=5 (years)

A=120 (1+0.08)^2

A=120 (1.469328077)

A= 176.3193692

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san4es73 [151]

Answer:

C.) -7/5

Step-by-step explanation:

To subtract fractions, we need to have common denominators. So first, we will change -1 1/5 to -6/5.

Now we will change the denominator of both -6/5 and 1/2 to 10.

We now have:

5/10 and -12/10

5-12=-7

So the answer would be -7/5

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8 0
3 years ago
Can someone help me?
Sladkaya [172]

Answer:

Exponential

374.4

Step-by-step explanation:

This function is not linear. You can tell because the f(x) values do not increase by adding the same number each time.

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8 0
3 years ago
Brainliest if correct
kvv77 [185]

Answer:

2/13

Step-by-step explanation:

4 0
3 years ago
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levacccp [35]
Using the graphing you graph the two equations and then find the point where the two lines of the equation meet.

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4 0
3 years ago
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Can someone help me with this question please!!!!!
lianna [129]

Answer:

a = 29

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Step-by-step explanation:

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6 0
2 years ago
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