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:
A rational number is a number that can be made by dividing two integers (an integer is a number with no fractional part). The word rational includes the word "ratio." Rational numbers are basically numbers, either positive or negative that you get by dividing 2 numbers. Any number is a rational number, even fractions and decimals, except pi due to the fact that it's a irrational number.
Step-by-step explanation:
Examples of rational numbers include, 1, which you get by dividing 1 by 1, 2 which you get by dividing 2 by 1 and 2.12, which you get by dividing 212 by 100.
Answer:
1800 or D.
Step-by-step explanation:
Ill post a link an article that can help you master this, I found it very useful. Tell me if you need help after reading it
6^9 x 6^-7 = 6^2
x= -7
Hope this helps :)
