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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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8.) It takes Fred 9 minutes to type and spell check 13 pages of a manuscript. Find how long it takes him to type and spell check
inysia [295]

It will take Fred 42 minutes to type and spell check 60 pages.

  • Let the first scenario be A.
  • Let the second scenario be B.
  • Let the unknown time be X.

Given the following data;

  • Time taken A = 9 minutes
  • Number of pages A = 13 pages
  • Number of pages B = 60 pages
  • Time taken B = X minutes

To find how long it takes him to type and spell check 60 pages;

We would use direct proportion to express the work described and solve for the unknown variable (time).

9 \;minutes : 13 \;pages\\\\X \;minutes : 60 \;pages

Cross-multiplying, we have;

9 × 60 = 13 × X

540 = 13X\\\\X = \frac{540}{13}

<em>X = 41.54 ≈ 42 minutes</em>

Therefore, it will take Fred 42 minutes to type and spell check 60 pages.

Find more information: brainly.com/question/89674

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