Answer: he would have $343.47 after 2 years.
Step-by-step explanation:
if he leaves his interest from the first year in the bank, we would assume that his interest was compounded. We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $300
r = 7% = 7/100 = 0.07
n = 1 because it was compounded once in a year.
t = 2 years
Therefore,.
A = 300(1 + 0.07/1)^1 × 2
A = 300(1.07)^2
A = $343.47
Answer:
The number stays the same
Step-by-step explanation:
The power of 1 equals the number itself
Answer:
7
Step-by-step explanation:
The function is f(x) so if x is replaced with a number, that's the value that x is in the equation. In this case, it'll be -5, so go to -5 on your graph. The y value is 7.
Answer:
x+2=5
x+3=6
x^2 + 3x + 2 = 0
There are infinetly many equations that contain at least one variable!
Step-by-step explanation: