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Yuri [45]
3 years ago
6

Gary invested $1,000 into an account earning interest at an annual rate of 5% compounded annually. Each year, he deposited an ad

ditional $1,000, and made no withdrawals. When he closed the account, he had a balance of $4,525.64. How much interest would Gary earn in that same time if he invests $10,000 and deposits $10,000 into the account each year?
Mathematics
1 answer:
Mnenie [13.5K]3 years ago
6 0
So first we need to find out how much interest he earned a year so 525.64 divided by 4 which is 131.41 in interest a year so that 5% percent 

so 10000 $ for 4 year he would earn 1900.5 so he would have 11,900.5 

IM SORRY IT TOOK SO LONG
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The first step in solving this is to get rid of the +1.

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Your problem now looks like

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8 0
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A man standing on a lighthouse at a height of 124 feet sights two boats directly in front of him. One is at an angle of depressi
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Answer:

125\ ft

Step-by-step explanation:

see the attached figure to better understand the problem

step 1

In the right triangle ABC find the length side BC

we know that

tan(62\°)=\frac{124}{BC}

BC=\frac{124}{tan(62\°)}

step 2

In the right triangle ABD find the length side BD

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