<h3>
Answer: 270.58 dollars</h3>
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Work Shown:
- A = account value after t years
- P = principal or amount deposited = 800
- r = interest rate in decimal form = 0.06
- n = number of times we compound per year = 1
- t = number of years = 5
So,
A = P*(1+r/n)^(n*t)
A = 800*(1+0.06/1)^(1*5)
A = 1070.58046208
A = 1070.58
After five years, the account will have $1,070.58 in it.
The amount of interest earned is A-P = 1070.58 - 800 = 270.58 dollars.
Hope this helped and I’ve shown my work and the answer! :)
Answer:
m > 2
Step-by-step explanation:
Since it is an open dot, it is not greater than or equal to, but rather just greater than.
Then, since the arrow goes to the right, the equation is greater than.
The 1st one :)
Jonah should shade 6 parts of 10
Answer:
From the above we can roughly for an equation which is:
58.50 = Bill - (10% x Bill)
58.5 = Bill - (1/10 x Bill)
58.5 = 9/10 x Bill (Divide both sides by 9/10)
We get:
Bill = 58.5 / (9/10)
Bill = 65
Original bill is $65.
