Answer:
<em>1500(1.02)^x + 600x</em> is how much he has in savings at the end of x years where it be in the bank or elsewhere
Step-by-step explanation:
x is in years
Let's just think about the investment of 1500 in an account earning 2% per year.
Before the years even start, you are at 1500 ( present value).
The next year (year 1), it would be 1500*.02+1500=(1500)(1.02).
The next year (year 2), it would be 1500(1.02)(.02)+1500(1.02)=1500(1.02)(1.02).
We keep multiplying factors of (1.02) each time.
So for year x, you would have saved 1500(1.02)^x.
Now we are saving 50 cash per month. Per year this would be 12(50) since there are 12 months in a year. 12(50)=600.
So the first year you would have 600.
The second year you would have 600(2) or 1200.
The third year you would have 600(3) or 1800.
Let's put this together:
1500(1.02)^x + 600x
Answer:
yes
Step-by-step explanation:
Answer:
<u>40°</u>
Step-by-step explanation:
Answer:
60 degrees, 55 degrees, and 50 degrees respectively
Step-by-step explanation:
Equation: m<1+m<2+m<3=180
1. 40+80+x=180 Subtract 120(because 40+80=120)
x=60
2. 50+75+x=180 subtract 125 (50+75=125)
x=55
3. 50+80+x=180 subtract 130 (50+80=130)
x=50
Answer:
x=m2-67
Step-by-step explanation:
