The amount that will be in the account after 30 years is $188,921.57.
<h3>How much would be in the account after 30 years?</h3>
When an amount is compounded annually, it means that once a year, the amount invested and the interest already accrued increases in value. Compound interest leads to a higher value of deposit when compared with simple interest, where only the amount deposited increases in value once a year.
The formula that can be used to determine the future value of the deposit in 30 years is : annuity factor x yearly deposit
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate
- n = number of years
$2000 x [{(1.07^30) - 1} / 0.07] = $188,921.57
To learn more about calculating the future value of an annuity, please check: brainly.com/question/24108530
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Answer:
A
Step-by-step explanation:
so simple is not c because is you move it 6 unit is getting off track just reflect over the Y axis in it will fall on place
Answer: 0.4
Step-by-step explanation:
If the height of the first bounce is 5.5, then you find what 60% of 5.5 is and to do that you do 60/100 and x/5.5 so cross multiply 60x5.5 to get 330 then divide by 100 to get 3.3 and you do that 5 more times to get 0.42768 which when rounded to the tenths place, gets you 0.4
Answer:
B. (-3,3)
Step-by-step explanation:
We want to know the solution to the equations, which just means <u>where the two lines intersect.</u>
If we just count the spaces, we can see that they touch at (-3,3). Remember that coordinates are (x,y), so we go left 3 (-3,3) and up 3 (-3,3).
