Answer:
You would have $343.37 at the end of the 2 years.
Step-by-step explanation:
Interest earned is like bonus money the bank pays you just for keeping money

P: the starting balance of the account (also called initial deposit, or principal)
A: the new balance in the account after N years.
t: the number of years or time
r: the interest rate, (in decimal form)
n: the number of times the interest is compounded each year.
Annually = each year = 1
P =$300, r = 7%, t = 2, n = 1, A = ?
Substitute the numbers into the "Compound Interest Formula".











So you would have $343.37 at the end of the 2 years.
Look at the chart

Answer:
A 1:6
Step-by-step explanation:
3:18 simply to 1:6
Answer:
Rita paid 47,500 dollars for the purchase price.
Step-by-step explanation:
We are given the sales tax on a new car is directly proportional to the purchase price of the car which means there is is something k such that
when you multiply it to the sales tax you get the purchase price.
Let's set this equation:
y=kx
Let y represent the purchase price and x the sales tax.
The second sentence tells us that (x,y)=(1500,30000).
We can plug this into y=kx to find the constant k. (Constant means it stays the same no matter what the input and output is).
So we have:
30000=k(1500)
300 =k(15) I went ahead and divided previous equation by 100.
Now divide both sides by 15:
300/15=k
Simplify:
20=k
So the equation to use the answer the question is
y=20x
where y is purchase price and x is sales tax.
So we want to know the purchase price on a car if the sales tax is 2375.
So replace x with 2375:
y=20(2375)
y=47500
Answer:
I think it is 150 miles between Phoenix and Atlanta
Step-by-step explanation:
(2.9,-4.2)-(2.4,-4.2)=(0.5,0)
0.5 is half of 1 and 150 is half of 0.5