If you would like to know how much money will Gerold have at the end of 5 years, you can calculate this using the following steps:
1 year: $118 + 6% * $118 = 118 + 6/100 * 118 = 118 + 7.08 = $125.08
2 year: $125.08 + 6% * $125.08 = 125.08 + 6/100 * 125.08 = 125.08 + 7.50 = $132.58
3 year: $132.58 + 6% * $132.58 = 132.58 + 6/100 * 132.58 = 132.58 + 7.95 = $140.53
4 year: $140.53 + 6% * $140.53 = 140.53 + 6/100 * 140.53 = 140.53 + 8.43 = $148.96
5 year: $148.96 + 6% * $148.96 = 148.96 + 6/100 * 148.96 = 148.96 + 8.94 = $157.9
The correct result would be $157.9.
Answer:
0.09 or 9%
Step-by-step explanation:
I = Prt
Given:
I = 1890
P = 7000
t = 3
Work:
I = Prt
r = I/(Pt)
r = 1890/(7000 x 3)
r = 1890/21000
r = 0.09
Answer:

Step-by-step explanation:
Consider a sketch of the problem as shown in the picture, where:
- Blue line is given by y = 4x + 1.
- Point B is the center of the circle.
- Point A is (-3, 0).
Since the center of the circle lies on the line y = 4x +1 and is tangent to the x-axis at point A, then its radius BA is perpendicular to the x-axis. To find the coordinates of point B, we must replace x = -3 into the blue line equation: y = 4x(-3) + 1 = -11.
So, we know that the center of the circle is at B=(-3, -11). And furthermore, the radius BA is of length r=11.
Since the <em>general equation of the circle</em> of radius lenght r centered at (h, k) is given by

then with h = -3, k = -11 and r= 11, the equation of our circle is

Answer:
one
Step-by-step explanation:
When a system of equations is graphed, the solution is the coordinate that is plotted at the intersection of the two lines.
If the two lines cross once, there is only one solution.
If the two lines are on top of each other then there are infinitely many solutions.
If the two lines are parallel ( and never touch ) then there are no solutions
By looking at the graph we notice the two lines intersect once. So we can conclude that there is only one solution.