Answer:
<u>The balance in the account after 10 years is US$ 2,442.81</u>
Step-by-step explanation:
1. Let's review the data given to us for answering the question:
Investment amount = US$ 2,000
Duration of the investment = 10 years
Annual interest rate = 2% compounded continuously
2. Let's find the future value of this investment after 10 years, using the following formula:
FV = PV * eˣ ⁿ
PV = Investment = US$ 2,000
number of periods (n) = 10 (10 years compounded continuously)
rate (x) = 2% = 0.02
e = 2.71828 (Euler's number)
Replacing with the real values, we have:
FV = 2,000 * (2.71828)^0.02*10
FV = 2,000 * 2.71828^0.2
FV = 2,000 * 1.2214027
<u>FV = US$ 2,442.81</u>
Running time for 1 day = 15
Running time for 1 week = 15*7= 105
So, yes she has completed her goal
Answer:
50 envelopes for 2.49
Step-by-step explanation:
2.49/50= .05
5.50/90= .06
the first per is less than the 90 envelopes one therefore the answer is 50 for 2.49
I’m stuck in the same one!!
Step-by-step explanation:
Answer:
The answer to your question is L = 10 in , M = 9 in ; S = 5 in
Step-by-step explanation:
Data
longest side = 5 + x in
medium side = 4 + x in
shortest side = x
Perimeter = 24 in
Process
1.- Write and equation to solve this problem
Perimeter = longest side + medium side + shortest side
Substitution
24 = (5 + x) + (4 + x) + x
Simplification
24 = 5 + x + 4 + x + x
24 = 9 + 3x
24 - 9 = 3x
15 = 3x
x = 15/3
x = 5
2.- Calculate the lengths of the side
Longest side = 5 + 5 = 10 in
Medium side = 5 + 4 = 9 in
Shortest side = 5 in
