Calculate the interest in a year
Multiply the annual percentage of interest by the investment to find the interest.
interest in a year = 2% × 1,000
interest in a year = 0.02 × 1,000
interest in a year = 20
The annual interest is $20
Calculate the interest after 10 years
Multiply the annual interest by 10
interest 10 years = 20 × 10
interest 10 years = 200
The sum of interest after 10 years is $200
Find total investment
investment = first investment + interest in 10 years
investment = 1,000 + 200
investment = 1,200
The investment will be worth $1,200 in 10 years
Answer:
90
Step-by-step explanation:
Find common denominators. Note that what you multiply to the denominator (bottom number of the fraction), you must also multiply to the numerator (top number of the fraction).
In this case, you are multiply 10 to both the numerator and denominator, as:
100/10 =10
Multiply 10 to the numerator:
? = 9 * 10
? = 90
90 is your answer.
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Answer:
B.
Step-by-step explanation:
Although the numbers given are negative, we can see that by the lines surrounding them, it is asking for their absolute value. Since absolute values are always positive, the correct answer would be B.
