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2 years ago

5

Determine the amount of money you will have if you deposit $250,000 for 11 year at 2%

1 answer:

Volgvan2 years ago

3 0

$\bf ~~~~~~ \textit{Simple Interest Earned Amount} \\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill & \$250000\\ r=rate\to 2\%\to \frac{2}{100}\dotfill &0.02\\ t=years\dotfill &11 \end{cases} \\\\\\ A=250000[1+(0.02)(11)]\implies A=250000(1.22)\implies A=305000$

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sdas [7]

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Keith_Richards [23]

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Please help me with this question I also need to see the steps if possible!

umka21 [38]

Hi there!

To solve, we must use the following trig identity:

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We can rewrite the left hand side of the equation as:

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3 years ago

Please put these in the correct order

Ivahew [28]

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3 years ago

Spencer made a quilt for his cousin's doll. The quilt had a 7x7 array of different color square patches. If each patch is 1 3/4

Damm [24]

Answer:

$\frac{2401}{16}$ square inches

Step-by-step explanation:

Given:

The quilt made by Spencer had a 7×7 array of different color square patches such that each patch is $1\frac{3}{4}$ in long.

To find: the area of the whole quilt

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Side of each quilt = $7(\frac{3}{4})=7(\frac{7}{4})=\frac{49}{4}$

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