The account is starting off with 1500, so that will be the start value. Since it is simple interest, it will always be gaining 4 percent of 1500. Let's find 4 percent of 1500.
1500×.04= 60
The account will be growing by $60 every year.
1500+60x=y
X is the number of years. We can find the interest earned by multiplying 5, since that is the number of years we are trying to find, and 60, since that is the interest.
60×5= 300
The interest earned is $300 over 5 years.
Now let's find the balance of the account after 5 years.
1500+ 60(5)=y
1500+300=y
1800=y
The balance of the account will be $1,800 after 5 years.
Answer:
3
Step-by-step explanation:
There are 3 digits behind the decimal all together
Answer:
54.77
Step-by-step explanation:
20 + 34.77= 54.77
y=-4x+7
the -4 is the slope and the 7 is the y-intercept
Let x represent the larger number.
1/(x -28) +4/x = 1/6
Multiplying by the product of denominators, we have
6x +24(x -28) = x(x -28)
In standard form, this is
x^2 -58x +672 = 0
(x -42)(x -16) = 0
The two numbers are (-12 and 16) or (14 and 42).