Answer:
9
Step-by-step explanation:
Answer:
1500(1.02)^x + 600x is how much he has in savings at the end of x years where it be in the bank or elsewhere
Step-by-step explanation:
x is in years
Let's just think about the investment of 1500 in an account earning 2% per year.
Before the years even start, you are at 1500 ( present value).
The next year (year 1), it would be 1500*.02+1500=(1500)(1.02).
The next year (year 2), it would be 1500(1.02)(.02)+1500(1.02)=1500(1.02)(1.02).
We keep multiplying factors of (1.02) each time.
So for year x, you would have saved 1500(1.02)^x.
Now we are saving 50 cash per month. Per year this would be 12(50) since there are 12 months in a year. 12(50)=600.
So the first year you would have 600.
The second year you would have 600(2) or 1200.
The third year you would have 600(3) or 1800.
Let's put this together:
1500(1.02)^x + 600x
I believe that would be on the 15th day because the LCM, or least common multiple of 3 and 5 is 15.
Answer: c) 1 1/4
Step-by-step explanation: you do 1/4 times 5 .You make 5 a fraction which is 5/1.So now you do 1/4 times 5/1 which is 5/4.And you change it to a mixed number which is 1 1/4.
Answer:
The answer is 60 hours.
Step-by-step explanation:
We could use proportions to solve.