If she deposited $600 and had $621.60 after four years, then she earned: $621.60 - $600 = $21.60 in four years. It means in one year she earned $21.60 ÷ 4 = $5.40. Now we have to find out how many percent of $600 is $5.40:
$5.40 = x% from $600
5.4 = x/100 * 600
5.4 = 600x/100 / * 100 (both sides)
540 = 600x / ÷ 600 (both sides)
x = 0.9
So the interest rate was 0.9% annually.
Now we have to find out how much is 0.9% from $1100:
$1100 * 0.9% =
= 1100 * 9/1009 =
= 9900/1000 =
= 9.9
It means in one year she would earn $9.90. After 7 years she would earn $9.90 * 7 = $69.30, so she would have in her account:
$1100 + $69.30 = <u>$1169.30</u>
Answer:
8 cm
Step-by-step explanation:
Ok lets on the biggest square we have 17 cm
17cm is the hypotenuse for the right triangle
The second largest's area is 225 cm^2
Sq root of 225 cm^2, is 15
To find x, lets plug the info we have to the pythagorean theorom
The side length of the smallest Square is 8 cm
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-Chetan K
<u>The three important tools of Federal Reserve's monetary policies are as follows:</u>
- open market operations
- the discount rate
- reserve requirements.
<u>Step-by-step explanation:</u>
The monetary policies of the United States's central bank, Federal Reserve are the acts of the entity to influence money and raise the country's economy. These policies also helps in looking over the aspects of how the money and credits draw affects on credit rates and the overall performance of the U.S. Economy.
The three prime tools of the Federal reserve's monetary policies are the Open Market Operations, Discount Rates and the Reserve Requirements.
<u>Open Market operations</u>
This involves in purchase and selling process of government securities. The primary dealer with which the Reserve deals compete on the basis of prices and thus the dealer gets decided with whom the reserve deal for the day.
<u>Discount Rates</u>
This is the discount rate charged to depository institutions for short term loans by the Federal Reserve.
<u>Reserve Requirements</u>
This is the money or deposit amount the Reserve Bank must sustain in its vault or depository.
Answer:
-2x + 3
Step-by-step explanation:
-5x/5 - 20/5 - 4x/4 + 28/4 ➡-x - 4 -x +7 ➡-2x + 3
