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3 years ago

Can you help with my math

Mathematics

1 answer:

Sloan [31]3 years ago

8 0

You eliminate two equations first then you find one variable, once u figured out one variable plug it into any equation and try to cancel out another variable, youll have two variables in the end and then just plug and u have ur answers

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$53,000 is placed in an investment account that grows at a fixed rate of 2% (compound growth) per year. how much is in the accou

ella [17]

Answer:

$57,369

Step-by-step explanation:

We have been given that an amount of $53,000 is placed in an investment account that grows at a fixed rate of 2% (compound growth) per year. We are asked to find the amount in the account after 4 years.

To solve our given problem we will use compound interest formula.\

$A=P(1+\frac{r}{n})^{nt}$ , where,

A = Final amount after t years,

P = Principal amount,

r = Annual interest rate in decimal form,

n = Number of times interest is compounded per year,

t = Time in years.

Let us convert our given rate in decimal form.

$2\%=\frac{2}{100}=0.02$

Upon substituting our given values in compound interest formula we will get,

$A=\$53,000(1+\frac{0.02}{1})^{1*4}$

$A=\$53,000(1+0.02)^{4}$

$A=\$53,000(1.02)^{4}$

$A=\$53,000*1.08243216$

$A=\$57368.90448\approx \$57,369$

Therefore, an amount of $57,369 will be in the account after 4 years.

3 0

3 years ago

Desta's pitcher holds 2 quarts of water. If she poured 4 pitchers of water into her cooler, how many gallons of water did

klemol [59]

Answer:

2 gallons

since each pitcher holds 2 quarts of water and 4 quarts= 1 gallon, Desta poured 2 gallons of water into her cooler

4 0

3 years ago

Converting English and Metric<br> 22 gallons = how many liters?

Law Incorporation [45]

22 gallons is 83.279 liters

3 0

3 years ago

Using six random samples, the average number of catfish in the samples was 5.7. If the total population of fish in the pond is 2

zheka24 [161]

Using the proportion given, there will be 57 catfish in the pond.

The proportion given to us is
5.7/20 = x/200

Cross multiply:
5.7*200 = 20*x
1140 = 20x

Divide both sides by 20:
1140/20 = 20x/20
57 = x

5 0

3 years ago

Read 2 more answers

Kyle was playing a new video game.He scored 128 points on his first game.He scored 305 points on his second game,and 490 on his

Ivahew [28]

First game= 128
Second game= 305
Third game= 490

Add the points per game together.

= 128 + 305 + 490
= 923 points

ANSWER: He scored 923 points during the three games.

Hope this helps! :)

5 0

3 years ago

Can you help with my math​

Can you help with my math