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Ratling [72]
4 years ago
6

28. Kay is saving $200 a month into an account earning 5% interest. How long will it

Mathematics
1 answer:
musickatia [10]4 years ago
3 0

Step-by-step explanation:

Accumulated value = $20,000.

A = P + I, P = principal, I = Interest.

I = 200*5*t/100

I = 1000t/100 = 10t

2000 = P + I = 200 + 10t

2000 - 200 = 10t

1800 = 10t, t = 180.

Therefore, it would take her 180 years to save $20,000.

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spin [16.1K]

Answer:

160/196

Step-by-step explanation:

it would be easier if you converted all fractions to improper fractions

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to do this you can multiply 5 and 3 by something to make the lowest common denominator, which would be 15

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3 years ago
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3 years ago
a parking lot is constructed in the shape of a parallelogram if the base is 200 in the height is 120 ft and a diagonal with its
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We can draw the following picture:

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\begin{gathered} A_{\text{parallelogram}}=2\cdot12000 \\ A_{\text{parallelogram}}=24000ft^2 \end{gathered}

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1 year ago
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Step-by-step explanation:

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