I use a bit of a different looking formula.
A(t)=P(1+r/n)^nt
P=amount of money. (500)
r= rate (in decimal. 4%=0.04)
n=number of times per year (1 in this problem)
t=amount of time. (5 years)
Plugged in it looks like this:
A(t)=500 (1+ 0.04/1)^1x5
Then I put it into my calculator like this:
0.04/1+ 0.04
Then add one to the above answer:
0.04+1=1.04
Then raise the above answer to the 1x5:
1.04^5=1.2166......
Then multiply the above answer by 500:
1.2166.... x 500=608.3264512
She has $608 after 5 years.
Hope this helps, let me know if you have any questions.
Answer:
130 degrees
Step-by-step explanation:
let the angle be x
2x+45+55=360(Sum of angles in quad)
2x=260
x=130
Answer:
The correct option is B.
Step-by-step explanation:
The amount of money, in dollars, in a savings account after x years is given by 
This above equation represents that $10000 becomes M(x) after x years at a rate of interest 3% compounded in each year.
Therefore, the value in the expression 1.03 represents that there is a 3 percent increase in the savings account each year.
So, the correct option is B. (Answer)
Answer:
D
Step-by-step explanation:
Answer: C. 71,224,900
Based on the power, move the decimal point that many spaces to the right. (e.g., If it's 7.9 × 10^3, then move the decimal three spaces to the right, and you'd get 7900.)
3.14159 × 10^7 = 31415900
9.897752 × 10^6 = 9897752
2.468 × 10^7 = 24680000
Out of all the numbers mentioned in the question, 71,224,900 is the only one that's greater than 3.14159 × 10^7 = 31415900.
