Answer:
30
%
d
e
c
r
e
a
s
e
Step-by-step explanation:
Answer
s = 11
Step-by-step explanation:
Find the value of S:
57 + s = 68
Substract 57 from both sides of the equation
s = 68 - 57
s = 11
Answer:
ANSWER: A) 15/40 and 28/40
Step-by-step explanation: Ive done this before lol
Answer:
It will take 55 years for the account value to reach 38200 dollars
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:
In which E are the earnings, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
After t years, the total amount of money is:
.
In this problem, we ahve that:
So
First we find how much we have to earn in interest.
.
How much time to earn this interest?
Rounding up
It will take 55 years for the account value to reach 38200 dollars
Answer:
The answer is the third equation. A = 250*(1 +0.016)^(0.75)
Step-by-step explanation:
Since Javier deposited $250 into an account with annual interest rate, then as the years passes his account will grow in the manner shown below:
account(0) = 250
account(1) = account(0)*(1 + 1.6/100) = account(0)*(1 + 0.016) = account(0)*1.016
account(2) = account(1)*1.016 = account(0)*1.016*1.016 = account(0)*(1.016)²
account(3) = account(2)*1.016 = account(0)*(1.016)²*1.016 = account(0)*(1.016)³
account(n) = account(0)*(1.016)^n
Where n is the number of years, account(0) is the initial amount. In this case only 9 months have passed, so we need to convert this value to years, dividing it by 12, which is 9/12 = 0.75. The initial amount was 250, so the equation is:
A = 250*(1.016)^(0.75)
The answer is the third equation.
