Answer:
<em>1500(1.02)^x + 600x</em> is how much he has in savings at the end of x years where it be in the bank or elsewhere
Step-by-step explanation:
x is in years
Let's just think about the investment of 1500 in an account earning 2% per year.
Before the years even start, you are at 1500 ( present value).
The next year (year 1), it would be 1500*.02+1500=(1500)(1.02).
The next year (year 2), it would be 1500(1.02)(.02)+1500(1.02)=1500(1.02)(1.02).
We keep multiplying factors of (1.02) each time.
So for year x, you would have saved 1500(1.02)^x.
Now we are saving 50 cash per month. Per year this would be 12(50) since there are 12 months in a year. 12(50)=600.
So the first year you would have 600.
The second year you would have 600(2) or 1200.
The third year you would have 600(3) or 1800.
Let's put this together:
1500(1.02)^x + 600x
I need this answer too can you please help me out too if you find the answer
Explanation
4% of 50000
(4/100) * 50000
2000
Answer:
△PQR and △RST are not similar.
Step-by-step explanation:
In triangle △PQR, two known interior angles are 34° and 80°. So the measure of third angle is

In triangle △RST, two known interior angles are 24° and 90°.
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Two triangles are similar if their corresponding angles are same and the corresponding sides are proportional.
Since the angles of △PQR and △RST are not same, therefore we can say that the △PQR and △RST are not similar.