9514 1404 393
Answer:
$20.01
Step-by-step explanation:
In 2004–2012, the interest rate is 0.002%. In 2013, it is 0.004%. In 2014–2021, the interest rate is 0.002%. That is, in the 18 years between 2004 and 2021 (inclusive), the interest rate is 0.002% for 17 of them. The effective account multiplier is ...
(1.00002^17)(1.00004^1) = 1.00038006801
Then the account balance is ...
$20 × 1.00038006801 ≈ $20.01
_____
<em>Additional comment</em>
The annual interest earned on $20.00 is $0.0004. If the account balance is rounded to the nearest cent annually, at the end of the 18 years, the balance will still be $20.00. Not enough interest is earned in one year to increase the balance above $20. At the end of the 18 years, the amount of interest earned is 0.76¢ (a fraction of a penny) <em>only if there is no rounding in intervening years</em>.
3-x15 ?? Or 3-x+15 I’m not so sure I’m really bad at this but I really want to try to help I’m sorry if u got it wrong it would be my fault sorry
Answer:
Step-by-step explanation:
we have
Remember that
To predict a value for y, when x = 4
substitute the value of x in the equation
so
151 * 5 = 755
23,000 - 755 = 22,245
It'll be worth $22,245 in 5 years.
Answer:
x = 2.98
Step-by-step explanation:
5^2x + 1 - 5^2x = 150
25x + 1 + 25x = 150
50x + 1 = 150
50x = 149
x = 2.98
5^2x + 1 - 5^2x = ?
5^2(2.98) + 1 - 5^2(2.98) = ?
25(2.98) + 1 + 25(2.98) = ?
74.5 + 1 + 74.5 = ?
149 + 1 = ?
150 = ?
