4 years ago

Kylie invested $7,800 in an account paying an interest rate of 2.6% compounded

Mathematics

1 answer:

Darya [45]4 years ago

7 0

Answer:

Step-by-step explanation: lol

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3 years ago

Alice is saving money at a constant rate. Suppose she initially has $70 saved, and after 2 months, she has $170 saved.

timofeeve [1]

Answer:

50 dollars per month

Step-by-step explanation:

Given

$Months = 2$

$Total = 170$

$Initial = 70$

Required

Determine the rate of savings

Suppose in a month, she saves x amount.

In 2 months, she would save 2x

When 2x is added to the initial savings, it gives the total amount saved.

So, we have:

$2x + 70 = 170$

Collect Like Terms

$2x = 170 - 70$

$2x = 100$

Divide both sides by 2

$x = \frac{100}{2}$

$x = 50$

<em>Hence, she saves $50 dollars monthly</em>

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3 years ago

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Answer:

y = 75x + 100

Step-by-step explanation:

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Natalie just rented an apartment for $900 a month. She was told that the rent will increase 5.5% each year. About how much will

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$1246.

<span>This is a guess, though.</span>

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