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Stella [2.4K]
1 year ago
6

You deposit money into an

Mathematics
1 answer:
nadya68 [22]1 year ago
7 0

The amount of money you deposit into the account is $3000

<h3>How much money did you deposit into the account? </h3>

The given parameters are

Rate, r = 8%

Time, t = 5 years

Interest, I = $1200

The formula of simple interest is

I = PRT

So, we have

1200 = I * 8% * 5

This gives

1200 = I * 0.4

Divide both sides by 0.4

I = 3000

Hence, the amount of money you deposit into the account is $3000

Read more about simple interest at:

brainly.com/question/20690803

#SPJ1

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The data displayed by the graph indicate that in 2000,
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Using an linear function, we find that by 2020 only 11% of all American adults believe that most qualified students  get to attend college.

-----------------------------------------

A decaying linear function has the following format:

A(t) = A(0) - mt

In which

  • A(0) is the initial amount.
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The equation is:

A(t) = 45 - 1.7t

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t = \frac{34}{1.7}

t = 20

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A similar problem is given at brainly.com/question/24282972

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