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3 years ago

Lui deposited $3,500 into a savings account. The simple interest is 4%. How much interest will the account earn in 2 years?

Mathematics

1 answer:

Varvara68 [4.7K]3 years ago

6 0

Answer:

$280

Step-by-step explanation:

Principal = $3,500

Time = 2 Years

Interest Rate = 4%

Interest = Principal x Time x Interest Rate

Interest = $3,500 x 2 x 0.04

Interest = $280

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The population of a town was 10,000 in 2018. Each year the town's population grows by 23%. Let x=0 be the year 2018. Create the

Naily [24]

Answer:

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Step-by-step explanation:

We are going to apply algebra to solve for the exponential growth

we know that the expression for the exponential formula is

$y = ab^x.$

where

a = the amount before measuring growth or decay

= 10,000

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x = number of time intervals that have passed

since this problem is on the growth we are going to replace "b" with (1+r), likewise for decay (1-r)

hence the formula becomes

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3 years ago

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Sedaia [141]

Answer:

Step-by-step explanation:

Given

x² + 3x + 2 = 0

To factor the quadratic

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Equate each factor to zero and solve for x

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3 years ago