Answer: its A or B I think its more of B than A
2x+10=90
2x=80
x=40
the answer is 40.
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Given:
Principal= $3000
Rate of interest = 5%
Time = 4 years
n = 1 (compounded annually)
To find:
The balance in the account after 4 years
Solution:
Compound interest formula:
Substitute the given values.
To convert percentage into fraction divide by 100.
The balance in the account after 4 years is $3464.5.