duncan typed 3,528 words in 21 minutes. Let w represent the words typed each minute, If Duncan typed the same number of words ea
1 answer:
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The amount that is the closest to the account balance at the end of 4 years is given by: Option B: $5,860. 53 (approx)
<h3>How to calculate compound interest's amount?</h3>If the initial amount (also called as principal amount) is P, and the interest rate is R% per unit time, and it is left for T unit of time for that compound interest, then the interest amount earned is given by:
The final amount becomes:
For the considered case, we're given that:
- Initial amount Laura deposited = $5,500 = P
- Type of interest: Compound interest
- Unit of time: Annually
- Rate of interest = 1.6% annually = R
- Total unit of time for which amount is to be calculated: 4 years = T
The final amount at the end of 4 years in the considered account of Laura is evaluated as:
Thus, he amount that is the closest to the account balance at the end of 4 years is given by: Option B: $5,860. 53 (approx)
Learn more about compound interest here:
Answer:
5x - y = 27
Step-by-step explanation:
Slope is the direction of line and it is calculated as,
where (x₁, y₁) is any two points on the line.
Here, we have given that
Slope = 5 and (x₁, y₁) = (5, -2)
∴
⇒ 5(x - 5) = y + 2
⇒ 5x - 25 = y + 2
⇒ 5x - y = 27
Hence, the equation of a line is: 5x - y = 27