The amount after 2 years is $2,295.
Given that,
- The invested amount is $1,240.
- The rate of interest is 8%.
- The number of years is 2 × 4 = 8
Based on the above information, the amount after 2 years is
Future value = Present value ×(1 + rate of interest)^number of years
= $1,240 × (1 + 0.08)^8
= $1,240 × 1.08^8
= $2,295
Therefore we can conclude that the amount after 2 years is $2,295.
Learn more: brainly.com/question/18051939
Keywords
linear equation, variables
Step 1
Define the variables
Let
x-----> number of erasers
y-----> total cost
we know that
------> this is the linear equation that represent the situation
therefore
the answer is y = 0.84 + (0.38)x
Answer:
use the formula sn= n(a1+an)/2
Step-by-step explanation:
2982=28(228+an)/2
5964=28(228+an)
5964/28=228+an
213=228+an
an=-15(last term)
to find difference use formula
an = a+(n-1)d
-15=228+(28-1)d
-243=27d
d=-243/27
d=-9
arithmetic sequence can be found be keep on subtracting 9 from 228
hence the arithmetic sequence is
228, 219, 210, 201, 192, 183, 174........-15
Answer:
3/32 inches is thick that lawyer suits
