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postnew [5]
3 years ago
13

Matthew has a savings account that gives 1.5 interest. If he keeps it open for 5 years and it has a balance of 2000 how much in

interest will he earn over the 5 years?
Mathematics
1 answer:
pochemuha3 years ago
6 0

Answer:

15187.5=2000(1.5)^5

Step-by-step explanation:

So right now he has 2000 in his saving each year it grows by 1.5 so by year 5 it should be

15187.5 in his savings

hope I did it right

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Given a term and the common difference, find the explicit formula.<br> 8. a(19) = 135<br> d = 15
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The explicit formula is a(n) = 15(n – 10)

<u>Solution:</u>

Given, a term a(19) = 135 and common difference d = 15

We have to find the explicit formula.

Now, we know that, a(n) = a + (n – 1)d where a(n) is nth term, a is first term, d is common difference,

So, for a(19)  

\begin{array}{l}{\rightarrow a(19)=a+(19-1) 15} \\\\ {\rightarrow 135=a+18 \times 15} \\\\ {\rightarrow a=135-270} \\\\ {\rightarrow a=-135}\end{array}

Now, we know that, an explicit formula is an expression for finding the nth term,  

So, in our problem, expression for finding nth term is a + (n – 1)d  

\begin{array}{l}{\rightarrow-135+(n-1) 15} \\\\ {\rightarrow-135+15 n-15} \\\\ {\rightarrow 15 n-150} \\\\ {\rightarrow 15(n-10)}\end{array}

Hence, the explicit formula is a(n) = 15(n – 10).

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