A=5,000×(1+0.03)^(7)
A=6,149.37
Interest earned=1149.37
Answer:
huh?
Step-by-step explanation:
huh what does "sgagwhjdbwjjahavajansmkshsgsbsnkdjfhdbdbdjdqhahr" mean?
If we simplify like terms on left and right sides we gwt
16x + 9 = 4x
Its B
Answer:
e= -2
Step-by-step explanation:
1) distribute so you get 6+0.75e=2-1.25e
2) move the variable to one side so you get 6+2e=2
3) subtract the 6: 2e=-4
4) divide by 2: e= -2
Answer:
5%
Step-by-step explanation:
The question showing a growing function that commonly used in compound interest calculation. The formula for compound interest is:
A = P (1 +r) ^ t
A= amount of the balance after a period of t
P= principal, the initial money deposit
r= rate
t= time
The percent of balance increase should be represented by the rate(r). In this equation, the principal will be 130, (1+r) will be 1.05, and time will be x.
The value of rate (r) will be:
(1+r) = 1.05
r= 1.05-1= 0.05 = 5%
