The future amount of the current deposit given that the interest is simple and yearly is computed through the equation,
F = P x (1 + in)
where P is the principal amount, F is the future amount, i is the interest (in decimal form) and n is the number of years.
In this certain problem, we substitute the known values to the equation and solve for P,
2419.60 = P x (1 + (0.052)(1))
P = 2300
Thus, the initial investment was worth $2,300.
Answer:
(2,2)
Step-by-step explanation:
Sophie has factored the term completely while Carlos has not factored the term completely.
Step-by-step explanation:
We need to factor the trinomial:

Factoring:

So, the factored form of
is 
So, Sophie has factored the term completely. The terms are factored when we cannot further simplify it. Since Carlos factored (x+3)(-4x+2) 2 can be taken common from the term (-4x+2) so, it is not factored completely.
Keywords: Factoring the terms
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