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tatuchka [14]
3 years ago
14

Which two numbers differ by 46

Mathematics
1 answer:
KengaRu [80]3 years ago
3 0
The two numbers that differ by 46 is 23

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Answer:

P = 2000 * (1.00325)^(t*4)

(With t in years)

Step-by-step explanation:

The formula that can be used to calculated a compounded interest is:

P = Po * (1 + r/n) ^ (t*n)

Where P is the final value after t years, Po is the inicial value (Po = 2000), r is the annual interest (r = 1.3% = 0.013) and n is a value adjusted with the compound rate (in this case, it is compounded quarterly, so n = 4)

Then, we can write the equation:

P = 2000 * (1 + 0.013/4)^(t*4)

P = 2000 * (1.00325)^(t*4)

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Step-by-step explanation:

Just add the like terms together.

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Step-by-step explanation:

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