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mel-nik [20]
3 years ago
9

2. Imagine you have invested $800 into a savings account that earns 3.5% interest

Mathematics
2 answers:
Kaylis [27]3 years ago
5 0

The amount after 5 years is $ 950.15

Step-by-step explanation:

Given,

Principle (P) = $ 800

Time (T) = 5 years

Rate of interest (R) = 3.5%

To find the amount after 5 years.

Formula

The amount after T years compounded annually is A = P(1+\frac{R}{100} )^{T}

Now,

Putting the values of P, T, R we get,

A = $ 800(1+\frac{3.5}{100} )^{5}

= $ 950.15 (approx)

lidiya [134]3 years ago
4 0

Answer:

The balance of your account after 5 years without more deposits or withdrawals will be $950.15.

Step-by-step explanation:

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Stolb23 [73]

Answer:

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2 years ago
Solve the equation 4n = 9
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Answer:

n = 9/4 = 2.250

Step-by-step explanation:

Rearrange:     4*n-(9)=0

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6 0
3 years ago
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The ratio of the measures of the sides of a triangle is 3:4:5. Its perimeter is 48 inches. Find the scale factor as a decimal, a
Trava [24]

Given:

The ratio of the measures of the sides of a triangle is 3:4:5.

Its perimeter is 48 inches.

To find:

The scale factor as a decimal, and the measure of each side of the triangle.

Solution:

Let x be the scale factor. Then the measures of sides of the triangle are 3x, 4x and 5x.

The perimeter of the triangle is 48 inches. It means the sum of all sides of the triangle is 48 inches.

3x+4x+5x=48

12x=48

Divide both sides by 12.

x=\dfrac{48}{12}

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3x=3(4)

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5x=20

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