Answer:
23 maybe
Step-by-step explanation:
Answer: $4,365.10
Step-by-step explanation:
Ok, we know that:
The account starts with $2350
There is a simple interest of 3.75% (or 0.035).
Then after one year, the amount in the account will increase by 3.75%, this means that the amount will be:
$2350 + 0.035*$2350 = (1.035)*$2350.
After another year, we have the same increase (but applied to the new amount in the account):
(1.035)*$2350 + 0.035*(1.035)*$2350. = (1.035)^2*$2350
And so on.
You already can see the pattern here, the amount of money in the saving account after N years will be:
M(N) = $2350*(1.035)^N.
Now we can answer:
what is the balance of the account if it earns a simple interest of 3.75% for 18 years?
Just replace N by 18 in that equation:
M(18) = $2350*(1.035)^18 = $4,365.10
Answer:
The answer is C.
Step-by-step explanation:
No because the graph fails the vertical line test.
The answer would be D) x = 11.
Add 5 to both sides (5x = 50 + 5)
Simplify 50 + 5 to 55 (5x = 55)
Divide both sides by 5 (x = 55/5)
Simplify 55/5 to 11 (x = 11)
X(4*1) because I’m just doing what I’m told.
