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Luda [366]
3 years ago
5

Allie deposited $80 in a savings account earning 10% interest, compounded annually. To the nearest cent, how much will she have

in 2 years?
Mathematics
1 answer:
77julia77 [94]3 years ago
5 0

Answer: $96.8

Step-by-step explanation:

Formular for Compounding annually :

A =P ( 1 + r/n) ^nt

Where p is the Principal given as $80

r is the rate given as 10% = 10/100 = 0.1

n is the number of times the principal was compounded, given as 1

t is the time, given as 2 years:

Slot the values into the formula:

A= $80 ( 1 + 0.1/1) ^ (1 × 2)

A= $80 ( 1 + 0.1) ^2

A= $80 ( 1.1) ^2

A= $80 (1.21)

A= $80 x 1.21

A= $96.8

96.8 is already rounded to the nearest cent.

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BRAINLIEST BRAINLIEST <br> Please answer number 2 thank you
bija089 [108]

Answer:

$28

Step-by-step explanation:

Time = 4 hours

Charge = $7 / hour

Multiply those two numbers:

4 hour × $7 / hour = $28

Function f(time) = $7 × time

Hopefully this answer helps you :)

4 0
3 years ago
Read 2 more answers
P and q are two arithmetic sequences. The first four terms of sequence P are 2,6,10,14. The nth term of sequence Q is 145-3n. Th
Tomtit [17]

Answer:

r = 21

Step-by-step explanation:

nth of sequence P :

T_{n} = 4n -2

r^{th} term : 4r-2=145-3r\\4r+3r=145+2\\7r=147\\r=21

5 0
2 years ago
How much does 2.5 L of oil cost if 2,000 mL costs $5.00?<br> Show work
kkurt [141]

Answer:

$6.25

Step-by-step explanation:

2000ml = 2 litres

2.5L - 2L = 500ml

So now we know that without the 500ml, it is 5 dollars.

Find out how much 500 ml cost.

2000ml = 5.00

1ml = 5.00 ÷ 2000 = 0.0025

500ml = 0.0025 x 500 = 1.25

2L + 500 ml = 2.5L (which 2.5L costs 6.25)

5 0
3 years ago
Say a population of fish triples every year. The population started with 5 fish. How many years will it
Lostsunrise [7]

Answer:

It should take 10 years

Step-by-step explanation:

In 1 year, if it triples, it should be 15 (population), and so on.

15

45

135

405

1215

3645

10935

32805

98415

295245

3 0
3 years ago
<img src="https://tex.z-dn.net/?f=24x%5E%7B2%7D%2Bbx%5E%7B2%7D%20%3D25x%5E%7B2%7D" id="TexFormula1" title="24x^{2}+bx^{2} =25x^{
Liula [17]

Answer:

x = 0

Step-by-step explanation:

Subtract 25x^2 from both sides

24x^2 + bx^2 - 25x^2 - 25x^2

Simplify

bx^2 - x^2 = 0

Factor bx^2 - x^2: x^2(b - 1)

bx^2 - x^2

Factor out common term x^2

= x^2 (b - 1)

x^2(b - 1) = 0

Using the Zero Factor Principle: If ab = 0 then a = 0 or b = 0

x^2 = 0

Apply rule x^n = 0   x = 0

x = 0

8 0
3 years ago
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