1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
den301095 [7]
3 years ago
12

A=130(1.05)^x by what percent does the balence increase each year?

Mathematics
1 answer:
frosja888 [35]3 years ago
6 0

Answer:

5%

Step-by-step explanation:

The question showing a growing function that commonly used in compound interest calculation. The formula for compound interest is:

A = P (1 +r) ^ t

A= amount of the balance after a period of t

P= principal, the initial money deposit

r= rate

t= time

The percent of balance increase should be represented by the rate(r). In this equation, the principal will be 130, (1+r) will be 1.05, and time will be x.

The value of rate (r) will be:

(1+r) = 1.05

r= 1.05-1= 0.05 = 5%

You might be interested in
For problems 12 - 14, Determine whether each sequence appears to be an
marshall27 [118]

Step-by-step explanation:

⇒12)It is an arithmetic sequence.

   d=2-1=3-2=4-3=1

    a(n) = a +(n-1)d

    a(n) = 1+(n-1)1

The next three terms:

a(6) = 1+(6-1)1=6

a(7) = 1+(7-1)1=7

a(8) = 1+(8-1)1=8

⇒13)It is an arithmetic sequence.

   d=0-3=-3-0=-6+3=-3

    a(n) = a +(n-1)d

    a(n) = 3+(n-1)-3

The next three terms:

a(5) = 3+(5-1)-3=-9

a(6) = 3+(6-1)-3=-12

a(7) = 3+(7-1)-3=-15

⇒14)It is <u>not </u>an arithmetic sequence.

⇒15) a(50) = 10 +(50-1)5

                  =<u>255</u>

<u>I hope this helps</u>

<u />

8 0
3 years ago
a broker gets rs 20000 as commission from sale of a piece of land which costs rs 8000000. Find the rate of commission.​
Airida [17]

Answer:

0.25%

Step-by-step explanation:

Rate of commission

= (commission*100)/cost of land

=( 20000*100)/8000000

= 2000000/8000000

=2/8

= 0.25%

3 0
3 years ago
What is the value of 16 times 4
Elanso [62]

16 times 4 equals to 64. 64 is simply 4 sets of 16 added together.

Other factors of 64 include, 1,2,4,8,16,32, and 64.

3 0
3 years ago
Read 2 more answers
IF YOU ANSWER CORRECTLY I WILL GIVE YOU BRAINLIEST***
Artist 52 [7]

Answer:

<em>113.04 </em>

Step-by-step explanation:

i believe

5 0
3 years ago
Read 2 more answers
What is the value of x?
MAXImum [283]

Answer:

I'm so sorry I don't know how to do this

Step-by-step explanation:

8 0
3 years ago
Other questions:
  • Which ordered pair comes from the table?
    14·2 answers
  • The Soup Company wants to package its soup in a new can. The company has four choices for the cans. Which can will provide the l
    13·1 answer
  • the value of a new automobile depreciates 15% during the first year, and 16% during the second year. What is its depreciated val
    6·1 answer
  • Solve the equation. 19 + n = 30 19+n=3019, plus, n, equals, 30 n = n=
    8·1 answer
  • Where in the xy-plane are the points with x &gt; 0 and y? 0?*
    5·1 answer
  • What’s the Y and X intercepts?<br> 12x + y = 120
    11·1 answer
  • . <br> Evaluate: 0.234 x 102.<br> 23.4<br> 23,400<br> 2.34<br> 234
    8·1 answer
  • What is the slope of (-2, -1) and (-5, -9)
    9·1 answer
  • Explain why the expression 10 to the power of zero, one to the power of four and 1×1.0 to the power of zero have the same value
    6·1 answer
  • What is the slope-intercept equation of the line below?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!