Answer:
P = 1039.5
Step-by-step explanation:
Given:-
- The initial amount deposited, Po = 500
- The interest rate applied, I = 5% compounded annually
Find:-
- The amount on her bank statement after 15 years?
Solution:-
- We see that the principal amount increases every year and no transactions have been made in the course of 15 years.
The total amount left in her savings account would be given by the following formula:
P = Po * ( 1 + I/100 )^n
- Where, n = number of years passed since deposit. (15 years)
P = 500 * ( 1 + 5/100 )^15
P = 500 * (1.05)^15
P = 1039.5
1,045 to the nearest thousands would be <u>1,000</u> because you must round down since there are no numbers close enough to round up.
Answer:
(-2, -18) and (2, 10)
Step-by-step explanation:
the answer is -18 and 10
You could just use 3.14 or 22/7
Answer: 17/3
Step-by-step explanation:
