1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
juin [17]
3 years ago
8

Suppose you invest $2000 at an annual interest rate of 4.5%. how long will it take for it to earn $495?

Mathematics
1 answer:
Neko [114]3 years ago
3 0
100%:2000$=4.5%:x$, x=90$. After 1st year I earned 90$, now I have 2090$.
100%:2090$=4.5%:x$, x=94.5$. After 2nd year I earned 94.5$ more, now I have 2184.05$.
100%:2184.05$=4.5%:x$, x=98.28$. After 3rd year I have 2282.33$.
100%:2282.33$=4.5%:x$, x=102.71$. After 4th year I have 2385.04$.
100%:2385.04$=4.5%:x$, x=107.33$. After 5th year I have 2492.37$.

So I need 6 years to earn 495$.
You might be interested in
Which of the following expressions illustrates the commutative property of addition? 3 + (-7) = (-7) + 3 -4(5) = 5(-4) 4 + (1 +
umka2103 [35]
By definition, we have to:

 In mathematics, the commutative property or commutativity is a fundamental property that has some operations according to which the result of operating two elements does not depend on the order in which they are taken.

 This is fulfilled in ordinary addition and multiplication: the order of the addends does not alter the sum, or the order of the factors does not alter the product.

 We have then, that the commutative property of the addition is:
 3 + (-7) = (-7) + 3

 Answer:
 
An expression that illustrates the commutative property of addition is:
 
3 + (-7) = (-7) + 3
4 0
3 years ago
Read 2 more answers
A book had a length of 5 inches and a width of 10 inches what is the area of the book
jeka94
50ft squared
{50}^{2}
3 0
4 years ago
What is 7 1/5 written as a percent?
DanielleElmas [232]
7 1\5=7x5+1=36\5
36\5 x 100=720%
4 0
3 years ago
Read 2 more answers
Solve the equation. Check for extraneous answers
Lady bird [3.3K]
The answer is A i hope this helps 
7 0
3 years ago
What’s the answer for 3^2 x 3^2
ArbitrLikvidat [17]

Answer:

81

Step-by-step explanation:

3^2

3 × 3

= 9

3^2

3 × 3

= 9

9 × 9

= 81

3 0
3 years ago
Other questions:
  • 5(10k+1)+2(2+8k) simplify
    13·1 answer
  • What can you conclude about the intersection of a chord and the radius that bisects it
    14·1 answer
  • Fling<br> Find the slope of the line passing through the points (1,5) and (4,-2).
    10·1 answer
  • Evaluate the equation;<br><br> 38 + 16 ⋅ 12 ÷ 2 - (30 ⋅ 2)
    7·2 answers
  • PLEEEEEEEEEEEEEEEASE HELP ME WITH THIS. IT IS DUE TOMORROW!!!
    7·1 answer
  • What is the possible amount of his store credit (number 5)
    14·2 answers
  • Cole threw 50 darts. Here are his results Orange 29, Green 15, Blue 5, and Red 1 Calculate the experimental probability for each
    11·1 answer
  • Can someone help me with this? Please this would mean so much.
    12·1 answer
  • Zero times 1 million is zero
    15·2 answers
  • Sarah babysits her neighbor's son to make money. Her earnings can be represented by the equation
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!