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Crazy boy [7]
3 years ago
8

What’s 5,068 rounded to the nearest ten

Mathematics
2 answers:
zlopas [31]3 years ago
7 0

Answer: 5070

Step-by-step explanation:

5068 has to be rounded either up or down, in this case up. Now we have to move it up to the nearest tenth, which means we can ignore 5000 and look at 68. Now 68 will be rounded up because 8 is closer to 10 than 0. You all probably can conclude that it is 70. But we still have to add that 5000, so it is 5070.

trasher [3.6K]3 years ago
6 0

Answer:

5070

Step-by-step explanation:

68 to the nearest tenth is 70

5000 + 70= 5070

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Find the savings plan balance after 2 years with an APR of 4% and monthly payments of $250. The balance is $ (Do not round until
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$6,506.51

Step-by-step explanation:

Recall that increasing an amount C in x% is equivalent to multiply it by (1+x/100)

As we have 4% APR, the monthly interest would be (4/12)% = 0.04/12

<u>Month 0</u> (first payment)

$250

Month 1

250 + 250 \frac{0.04}{12}= 250(\frac{12.04}{12})

<u>Month 2</u>

250(1+\frac{12.04}{12}+(\frac{12.04}{12})^2)

<u>Month 3</u>

250(1+\frac{12.04}{12}+(\frac{12.04}{12})^2+(\frac{12.04}{12})^3)

<u>Month 24 (2 years)</u>

250(1+\frac{12.04}{12}+(\frac{12.04}{12})^2+(\frac{12.04}{12})^3+...+(\frac{12.04}{12})^{24})

The sum  

1+\frac{12.04}{12}+(\frac{12.04}{12})^2+(\frac{12.04}{12})^3+...+(\frac{12.04}{12})^{24}

is the sum of the first 24 terms of a geometric sequence with common ratio \frac{12.04}{12} which is

\frac{1-(12.04/12)^{25}}{1-(12.04/12)}=26.02603071

so, after 2 years the saving balance is

250*26.02603071 = 6,506.50767= $6,506.51 rounded to the nearest cent.

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3 years ago
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