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mestny [16]
3 years ago
13

You deposited $2000 in an account that pays 8% interest compounded yearly. Find the balance of the account after 3 years.

Mathematics
1 answer:
hichkok12 [17]3 years ago
6 0

Answer:

$2,519.42

Step-by-step explanation:

To solve this problem, lets use the compound interest formula:

A=P(1+\frac{r}{n} )^{nt}

<em>P = initial balance</em>

<em>r = interest rate (decimal)</em>

<em>n = number of times compounded annually</em>

<em>t = time</em>

<em />

First, lets change 8% into a decimal:

8% -> \frac{8}{100} -> 0.08

Now lets plug the values into the equation:

A=2,000(1+\frac{0.08}{1})^{1(3)}

A=2,519.42

Your answer is $2,519.42

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Absolute Bagels makes bagels using two different recipes, one recipe for regular bagels
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Answer:

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Step-by-step explanation:

A bagel (Yiddish: בײגל, romanized: beygl; Polish: bajgiel; also historically spelled beigel)[1] is a bread product originating in the Jewish communities of Poland. It is traditionally shaped by hand into the form of a ring from yeasted wheat dough, roughly hand-sized, that is first boiled for a short time in water and then baked. The result is a dense, chewy, doughy interior with a browned and sometimes crisp exterior. Bagels are often topped with seeds baked on the outer crust, with the traditional ones being poppy and sesame seeds. Some may have salt sprinkled on their surface, and there are different dough types, such as whole-grain and rye.

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Bagels are now a popular bread product in North America and Poland, especially in cities with a large Jewish population, many with alternative ways of making them. Bagels are also sold (fresh or frozen, often in many flavors) in supermarkets.

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8 0
2 years ago
Four times a first number decreased by a second number is - 14. The first
mel-nik [20]

Answer:

f = -5, s = -6

Step-by-step explanation:

F= first number

S= second number

4f - s = -14

f + 3s = -23

3(4f - s = -14)

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13f = -65

————

13

f = -5

4f - s = -14

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+20 +20

-s = 6

———

-1

s = -6

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Answer:

Step-by-step explanation:

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