Answer:
a) $3480
b) $4036.8
Step-by-step explanation:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Suppose that $3000 is placed in an account that pays 16% interest compounded each year.
This means, respectively, that
So
(a) Find the amount in the account at the end of 1 year.
This is A(1).
(b) Find the amount in the account at the end of 2 years.
This is A(2).
Answer:
5
Step-by-step explanation:
9x+6y=-3
9x+6(-8)=-3
9x-48=-3
9x=45
x=5
Answer: y= 0.96 + 0.18x
Step-by-step explanation: I just did the assignment
Answer:
x = 13sqrt(3) ft = 22.5 ft
y = 13 ft
Step-by-step explanation:
The triangle is a 30-60-90 right triangle.
The ratio of the lengths of the sides is
short leg : long leg : hypotenuse = 1 : sqrt(3) : 2
From the ratio above we see that the hypotenuse is twice the short leg.
The long leg is sqrt(3) times the short leg.
y = short leg
x = long leg
26 ft = hypotenuse
y = 26 ft/2 = 13 ft
x = 13 ft * sqrt(3) = 13sqrt(3) ft = 22.5 ft