Answer: 17873.75 dollars
Step-by-step explanation:
We can use the equation: l = p x r x t (Total Interest = principal x interest rate x years/time)
9050 will be the principal; it's the amount you deposit in the first place.
7.5% is the interest rate. You can convert it to 0.075 as a decimal.
13 is the years/time. If Marcus's parents put the college fund in when he was 5 and now he's 18, there has been 13 years in between.
9050 x 0.075 x 13 = 8823.75
8823.75 + 9050 = $17873.75
So in Conclusion, the total amount in the account when Marcus is 18 is 17873.75 dollars.
Hope this helps!
The sales tax can be found through multiplying the total by the decimal form of the given sales tax (7.5=0.075). This operation yields 40.5 or $40.50. I really hope this helps!:)
Your ratio of miniDVD to standard DVD is 2/7
solve for y
2x−4y=10
-2x -2x subtract -2x from both sides
-4y = -2x +10
-4 -4 Divide both sides by -4 (coefficient on y)
y = -2/-4x + 10/-4
y = 1/2x - 5/2
the slope is the number on the x (coefficient)
and its 1/2