To compute the value of investment in 5 years. We use compounded annually equation. And add 2000 Yearly to the compounded value
A = P * (1 + (r/n))^(n*t)
A<span> = total amount = Unknown</span>
P<span> = principal or amount of money deposited, = 2000 usd</span>
r<span> = annual interest rate = 2.25%</span>
n<span> = number of times compounded per year = 1</span>
t<span> = time in years = 5
</span>
Solution
Year1 : A1 = 2000 * (1 +(0.025/1))^(1*1) = 2045
Year2 : A2 = (2000+2045)*(1 +(0.025/1))^(1*1) = <span>4136.01
Year3 : A3 = (2000+</span>4136.01))*(1 +(0.025/1))^(1*1) = <span>6274.07
Year4 : A4 = </span>(2000+6274.07 ))*(1 +(0.025/1))^(1*1) = <span>8460.24
Year5 : A5 = </span>(2000+8460.24 ))*(1 +(0.025/1))^(1*1) = 1<span>0695.6 </span>
Answer:
Move the decimal so there is one non-zero digit to the left of the decimal point. The number of decimal places you move will be the exponent on the 10. If the decimal is being moved to the right, the exponent will be negative. If the decimal is being moved to the left, the exponent will be positive.
7.75 × 10^−3
Answer:
Hi! The answer to your question is y=-3x+1
Step-by-step explanation:
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Hope this helps!!
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Answer:
12x² - 9x
Step-by-step explanation:
Simplify the expression. Distribute 3x to all terms within the parenthesis. Multiply:
3x * 4x = 12x²
3x * -3 = -9x
12x² - 9x is your answer.
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Answer:
x = 77/5 or 15.4
Step-by-step explanation:
15+2/5
