Answer:
If using simple interest, the formula is:
= Amount * ( 1 + rate * time)
= 20,000 * ( 1 + 4% * 5)
= $24,000
Interest = Balance after 5 years - Investment
= 24,000 - 20,000
= $4,000
Using Compound Interest:
= Amount * ( 1 + rate)^time
= 20,000 * ( 1 + 4%)⁵
= $24,333.06
Interest = 24,333.06 - 20,000
= $4,333.06
Answer:
x = 10 or x = 2
Step-by-step explanation:
Solve for x:
x^2 - 12 x + 20 = 0
Hint: | Solve the quadratic equation by completing the square.
Subtract 20 from both sides:
x^2 - 12 x = -20
Hint: | Take one half of the coefficient of x and square it, then add it to both sides.
Add 36 to both sides:
x^2 - 12 x + 36 = 16
Hint: | Factor the left hand side.
Write the left hand side as a square:
(x - 6)^2 = 16
Hint: | Eliminate the exponent on the left hand side.
Take the square root of both sides:
x - 6 = 4 or x - 6 = -4
Hint: | Look at the first equation: Solve for x.
Add 6 to both sides:
x = 10 or x - 6 = -4
Hint: | Look at the second equation: Solve for x.
Add 6 to both sides:
Answer: x = 10 or x = 2
Answer:
The equation is
and the graph looks like this
Answer:
I got you
Step-by-step explanation:
2 time 5 times 2 is 20. This minus 2 times 5 is 10 plus 3 is 13.
