A. Multiply $5000 by .06, and add it back to $5000 to get the total after one year. This is $5300.
B. Multiply the new amount, or $5300 by .06, and add it back to $5300 to get the total after 2 years. This is $5618.
A. $5300
B. $5618
Answer: The final balance is $6,341.21.
The total compound interest is $1,341.21.
Step-by-step explanation:
To solve this, you need to isolate/get the variable "m" by itself in the equation:
1. 2m - 1 = 3m Subtract 2m on both sides to get "m" on one side of the equation
2m - 2m - 1 = 3m - 2m
-1 = m
2. 2m = 1 + m Subtract m on both sides to get "m" on one side of the equation
2m - m = 1 + m - m
m = 1
3. m - 1 = 2 Add 1 on both sides to get "m" by itself
m - 1 + 1 = 2 + 1
m = 3
4. 2 + m = 3 Subtract 2 on both sides to get "m" by itself
m = 1
5. -2 + m = 1 Add 2 on both sides to get "m" by itself
m = 3
6. 3 = 1 + m Subtract 1 on both sides to get "m" by itself
2 = m
i beilive this is unknown
Its average speed rounded to 1dp is 54.76 miles per hour.
<h3>Average speed</h3>
Using this formula
Average speed=Distance/Time
Where:
Total Distance =230 miles
Time= 4.2 hours
Let plug in the formula
Average speed=230/4.2
Average speed=54.76
Inconclusion Its average speed rounded to 1dp is 54.76 miles per hour.
Learn more about average speed here:brainly.com/question/4931057