$\qquad \textit{Compound Interest Earned Amount}\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\qquad 
\begin{cases}
A=\textit{current amount}\\
P=\textit{original amount deposited}\to &\$3,500\\
r=rate\to 8\%\to \frac{8}{100}\to &0.08\\
n=\textit{times it compounds per year}\to &1\\
t=years\to &2
\end{cases}
\\ \quad \\
A=3500\left(1+\frac{0.08}{1}\right)^{1\cdot 2}\implies 3500(1.08^2)$

6 0

3 years ago

Find the first four terms of this geometric sequence A1= 3 and r=-3

timama [110]

A(n)=-1(-3^n)

3, -9, 27, -81

7 0

3 years ago

Read 2 more answers

One third of a number reduced by 11 is equal to 4 more than the number

Alecsey [184]

1/3x -11 = 4+x is what we start with, then add 11 to both sides, then subtract x from both sides. Then when we divide both sides by -2/3, x will equal -22.5.

6 0

3 years ago

Ten percent of U.S. households contain 5 or more people. You want to simulate choosing a household at random and recording "Yes"

Debora [2.8K]

Answer:

(b) 0 = Yes; 1-9 = No

Step-by-step explanation:

Among digits, 10% of 10 digits is a single digit. Any answer choice that suggests more than one digit be used for "yes" is not appropriate. A good choice is ...

0 = Yes; 1-9 = No . . . . . choice (b)

7 0

3 years ago