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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$.
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Step-by-step explanation:

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3 years ago
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spin [16.1K]
Answer: B.20


Step 1: Understand the graph

In the graph provided, each line goes up by 10 on the y-axis, with the graph marking each 50. On the x-axis, every 5 lines is equal to 1, as indicated on the graph.

Step 2: Find the unit rate

To find the unit rate, we need to find where the line hits 1 on the x-axis. To do so, go to one on the x-axis, and go up until you find where the line hits. Then we see the value on the y-axis to know the unit rate. In this case, it is on the second line above. Since we established in step 1 that each line is equal to 10 on the y-axis, we know that the two lines will be equal to 20.

This is your answer! The unit rate is 20. Hope this helps! Comment below for more questions.
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