Can someone please help me on this one?

Mathematics

1 answer:

hammer [34]3 years ago

3 0

I think that the answer is a increase

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You are saving money to buy an electric guitar. You deposit $1000 in an account that earns interest compounded annually. The exp

Katena32 [7]

Let's move like a crab, backwards some.

after 2 years?

$\bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$1000\\
r=rate\to 3\%\to \frac{3}{100}\to &0.03\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{annually, thus once}
\end{array}\to &1\\
t=years\to &2
\end{cases}
\\\\\\
A=1000\left(1+\frac{0.03}{1}\right)^{1\cdot 2}\implies A=1000(1.03)^2$

after 3 years?

$\bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$1000\\
r=rate\to 3\%\to \frac{3}{100}\to &0.03\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{annually, thus once}
\end{array}\to &1\\
t=years\to &3
\end{cases}
\\\\\\
A=1000\left(1+\frac{0.03}{1}\right)^{1\cdot 3}\implies A=1000(1.03)^3$

is that enough to pay the $1100?

now, let's write 1000(1+r)² in standard form

1000( 1² + 2r + r²)

1000(1 + 2r + r²)

1000 + 2000r + 1000r²

1000r² + 2000r + 1000 <---- standard form.

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3 years ago

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kicyunya [14]

4×√·²..................finish

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3 years ago

A 20-ounce candle is expected to burn for 60 hours. A 12-ounce candle is expected to burn for 36 hours. Assuming the variables a

ANTONII [103]

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5 0

3 years ago

Read 2 more answers

Simplify the expression: -2.3f+0.8f - 12-5

MaRussiya [10]

Answer:

-1.5f - 17

Step-by-step explanation:

-2.3f + 0.8f - 12 - 5

= -1.5f - 17

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2 years ago