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vesna_86 [32]
2 years ago
13

Kathy has savings a hundred thousand if she invested 100,000 in a saving fund thats adds 5% each year about how much will her sa

ving account have after 20 years? ignore compounding and taxes and assume Kathy put no additional money into savings​
Mathematics
1 answer:
jok3333 [9.3K]2 years ago
5 0

Answer:200,000

Step-by-step explanation:

If it increases 5% every year in 20 years it will Have increased 100% therefore the number would have doubled

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One estimate of the population of the world on January 1, 2005, is
inn [45]

Answer:

8,566,379,470 people

Step-by-step explanation:

Let's start simple.  In order to find the population increase on January 1, 2006, we need to multiply 6,486,915,022 by 1.4% and add it to 6,486,915,022.

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Note that the above two steps gives the same answer as 6,486,915,022*1.014.

So we need to do this for each year.  20 years pass between 1/1/2005 and 1/1/2025.  

We need to do 6,486,915,022*1.014*1.014*1.014... 20 times.

This is equivalent to 6,486,915,022*1.014^{20}.

Multiplying it out gives us 8566379470.2 = 8,566,379,470 people.

4 0
3 years ago
What is 21/35 in its simplest form?
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21/35

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Answer:

3/5

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