Michael invested 5,000 in an account that has a 5.5% annual interest rate. What equation best describes investment after T years
?
1 answer:
Answer:
V = 5000 + 275*T for simple annual interest
or: A = 5000 * (1.055)^T for an annual compound interest
Step-by-step explanation:
I assume this is a simple interest rate. If not I will give the one for compound interest.
V = 5000 + 5000* 0.055 * T (Value of account after T years)
V = 5000 + 275*T for simple annual interest
or: A = 5000 * (1.055)^T for an annual compound interest
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Answer:
B: 3 IS THE ANSWER
Step-by-step explanation:
The tax would be $11.93
Hope this helps
-- #34 is choice-C .
-- See the picture attached to this answer, for both solutions.
Answer: 120
Step-by-step explanation:
There are 5 digits that are odd, 1 3 5 7 9
There are 5 possibilities for the first digit, 4 for the second, 3 for the third, and 2 for the last, so there are 5 x 4 x 3 x 2 = 120
