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Gwar [14]
3 years ago
15

If ?2000 is placed into a bank account that pays 3% compound interest per year,how much will be in the account after 2 years?

Mathematics
2 answers:
Darina [25.2K]3 years ago
8 0

Answer:

The amount after 2 years in the bank will be $3,380.

Step-by-step explanation:

A=P(1+\frac{R}{n})^{nt}

A = Amount after t time period

P = Principal amount

R = Interest rate

n = Number of times interest applied per time period

We have:

P = $2000

R =3%=0.03

n = 1

t = 2 years

A=\$2000\times (1+\frac{0.03}{1})^{1\times 2}

A=\$3,380

The amount after 2 years in the bank will be $3,380.

Ipatiy [6.2K]3 years ago
3 0

Answer:

There would be $2,120

Step-by-step explanation:

First figure out what 3% of 2000 is which is 60. Multiply the 60 by 2 to get 120 then add 120 to 2000

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What are the coordinates of the x-intercepts of the parabola y = x² - 8x + 15?
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Answer:

(3, 0) and (5, 0)

Step-by-step explanation:

we have

y=x^{2}-8x+15

we know that

The x-intercepts are the values of x when the value of y is equal to zero

so

For y=0

x^{2}-8x+15=0

The formula to solve a quadratic equation of the form

ax^{2} +bx+c=0

is equal to

x=\frac{-b\pm\sqrt{b^{2}-4ac}} {2a}

in this problem we have

x^{2}-8x+15=0  

so

a=1\\b=-8\\c=15

substitute in the formula

x=\frac{-(-8)\pm\sqrt{-8^{2}-4(1)(15)}} {2(1)}

x=\frac{8\pm\sqrt{4}} {2}

x=\frac{8\pm2} {2}

x=\frac{8+2} {2}=5

x=\frac{8-2} {2}=3

so

x=3, x=5

therefore

The x-intercepts are (3,0) and (5,0)

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Answer:

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Step-by-step explanation:

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