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Sindrei [870]
3 years ago
7

Christian invested $2,300 in an account paying an interest rate of 5.5% compounded monthly. Assuming no deposits or withdrawals

are made, how much money, to the nearest ten dollars, would be in the account after 20 years?
Mathematics
1 answer:
Blizzard [7]3 years ago
4 0

Answer: A = $4,830.00

(I = A - P = $2,530.00)

Step-by-step explanation:

Equation:

A = P(1 + rt)

Calculation:

First, converting R percent to r a decimal

r = R/100 = 5.5%/100 = 0.055 per year.

Solving our equation:

A = 2300(1 + (0.055 × 20)) = 4830

A = $4,830.00

The total amount accrued, principal plus interest, from simple interest on a principal of $2,300.00 at a rate of 5.5% per year for 20 years is $4,830.00.

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Answer:

y = x+1

Step-by-step explanation:

2y = 2x+2 ( divide both sides of the equation with 2)

y = x + 1

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Luke has $20 in a savings account that earns 10% interest, compounded annually.To the nearest dollar, how much will he have in h
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Answer: $528

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Can I get all these questions answered?
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Answer:

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Step-by-step explanation:

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3 years ago
Kayson mixes 300 milliliterss of spinach, 200 mL of berries, and 42 mL of dressing to make a salad. There are sss milligrams of
Leya [2.2K]

Let T be total number of milligrams of vitamin C in our salad.

We have been given that there are s milligrams of vitamin C per milliliter of spinach, B mg per milliliter of berries, and D mg per milliliter of dressing.

Let us find how much mg of vitamin C our each ingredient of salad will have.

We have been given that a salad contains 300 milliliters of spinach, 200 ml of berries, and 42 ml of dressing.  

\text{Mg vitamin C in 300 ml spinach}=300\cdot\text{s mg}

\text{Mg vitamin C in 200 ml berries}=200\cdot\text{B mg}

\text{Mg vitamin C in 42 ml dressing}=42\cdot\text{D mg}

To find total milligrams of vitamin C in our salad we will add milligrams of vitamin C in each of three ingredients of salad.

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