Answer:
$6725
Step-by-step explanation:
Given data
Princiapal= $5000
Rate=2.3%
Time= 15years
The function that will model this situation is given as
A=P(1+rt)
The above function is a simple interest function
Substitute our data we can find the amount A
A=5000(1+0.023*15)
A= 5000(1+0.345)
A=5000(1.345)
A=5000*1.345
A=$6725
Hence the value of the investment after 15 years is $6725
Answer:
1) -2.13
2) 2.57
3) 33
Step-by-step explanation:
1)
3(8 + 5h) = -28 Distribute the 3
24 + 15h = -28 Subtract 24 from both sides of the equation
15h = -32 Divide both sides by 15 and round
h = - 2.13
2)
19 = 7(3n - 5) Distribute the 7
19 = 21n - 35 Add 35 to both sides of the equation
54 = 21n Divide both sides of the equation by 21
2.57 = n
3)
6s - 7s = -33 Combine the s's
-s = -33 Multiply both sides by -1
s = 33
hi
61.8x.54 is equal to 33.372.
2,000 + 1,000 = 3,00 so you would have $2,000 more to get to 3,000