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Elza [17]
3 years ago
11

Anna put $500 into a savings account and made no more deposits or withdrawals. The account earns 2% simple interest per year. Ho

w much money will be in the account after 5 years?​
Mathematics
1 answer:
castortr0y [4]3 years ago
4 0

Answer:

$552.04

Step-by-step explanation:

Lauren, use the compound amount formula:  A = P(1 + r)^n.

Here P is the principal and is $500; r is the annual interest rate as a decimal fraction, and n is the number of years.

After 5 years, Anna will have:  $500(1 + 0.02)^5  =  $552.04

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Which equation represents the line that passes through (5,8) and (9,2)
Dahasolnce [82]
ASSUMING This is a straight line so we gotta the formula for a straight line which is y=mx+b, where m represents the slope and b represents the y intercept.

First, we know this line passes through (5,8) and (9,2) we can use these for finding the equations. When we know two points, we use this formula:

y-y=m(x-x)

The first y is 8 and the second one is 2
The first x is 5 and the second one is 9

Plug it in:

8-2=m(5-9)
6=m(-4)
6/-4=m <— simplify this
m= -3/2

*NOTE: another way to find m is by calculating it (y-y)/(x-x)

Now we know m, we have to find b.
All you gotta do is plug everything you know back into the equation y=mx+b

y=mx+b
y=-3/2x+b <— now plug in a point we know(x,y)

8=-3/2(5)+b
8=-15/2+b
8-(-15/2)=b
b=8+15/2
b=16/2+15/2
b=31/2 (now you can write be as a fraction or a decimal in your equation, depending on what your teacher told you to use)
*NOTE: it is best to use fractions instead of decimals as it is more accurate sometimes.

Now we know all the variables that need to be known, we just need to rewrite the formula of the equation so the teacher can see.

m=-3/2
b=31/2

We don’t need to plug in x or y since it could have different values (since a straight line has MANY co-ordinates)

SO OUR EQUATION IS=
y=(-3/2)x+31/2

Hope you understand this, feel free to ask me anything!

6 0
3 years ago
How would i number the graph
tiny-mole [99]
Put numbers up and down the X and Y axis showing what the graph values are. (Ex: see picture ) make sure you do it accurately based on what the slope will look like.

8 0
3 years ago
What is -3x-5 = 16<br> I'm stuck on a simple problem
mariarad [96]

Answer:

-7

Step-by-step explanation:

-3x-5=16

-3x-5+5=16+5

-3x=21

-3x/-3=21/-3

x=-7

4 0
3 years ago
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How to solve eight more than the difference of four and 3
umka2103 [35]
4-3=1
1+8=9
The answer is 9
4 0
3 years ago
I need help with this!
sashaice [31]

Answer:

Step-by-step explanation:

Let the width be w centimeters.

Then the length = w + 7.

The area A is found from the length multiplied by the width.

330 = w(w + 7) = w^2 + 7w.

Now we can rearrange this equation to form a quadratic, as follows:

The factorization of the quadratic is:

(w + 22)(w - 15) = 0

Therefore we find that:

width = 15 centimeters

length = 22 centimeters

4 0
3 years ago
Read 2 more answers
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