Answer:
$3,090.64
Step-by-step explanation:
We shall allocate a random letter to each value, with that I explain the formula.
Initial value of investment = $5,003.86 = P
Rate of interest = 3.7% = R
Compounding interval in a year = 365 = I
Total period = 13 years = T
Value of investment in compound interest formula shall be:
Now, putting values in the above equation:
= $8,094.50
Thus, interest earned = Total value of investment on maturity - Initially invested amount
= $8,094.50 - $5,003.86 = $3,090.64
Check the picture below
notice, using the 30-60-90 rule, since that triangle is a 30-60-90 triangle, we get 11 = 2x
Answer:
(x + 3)
Step-by-step explanation:
Using the zero product property
x-a = 0 x-b = 0 where a and b are the zeros
(x-a)(x-b) =0
(x- -3)(x -8) =0
(x+3) (x-8) =0
Answer:
5. 
Step-by-step explanation:
==>>We would have to multiply the original amount by 1.50^x because the initial amount would be 1, and 50% increase would be .5 so 1.5 and you raise it to the number of years to show the total increase.
Initial: 10,000
After 1 year
10,000 + (.5*10000)
10,000 + 5000 = 15,000
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After 2 years
15,000 + (.5*15000)
15,000 + 7500 = 22,500
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Let's try our equation.
*Edit: I just seen that the question is related to the picture question
