Answer:
Account Balance = Principal x (1 + interest rate (decimal)) number of years, compounded annually.
Step-by-step explanation:
This is based on the information provided: 2121.80 (1.03)2 = 2000 So, on your initial deposit of 2000, you can collect 121.80 in interest after two years.
Answer:
Simplifying the expression:
we get 
Step-by-step explanation:
We need to simplify the expression: 
First we will solve terms inside the bracket

Converting mixed fraction
into improper fraction, we get: 
Replacing the term:

Now, taking LCM of: 5,3,4,2 we get 60
Now multiply 60 with each term inside the bracket

Now, combine like terms

Now, multiply all terms with 2

So, Simplifying the expression:
we get 
Answer:Y=25:3
Step-by-step explanation: