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3 years ago

How much would it be worth in 5, 10, 20 years

Mathematics

1 answer:

pochemuha3 years ago

8 0

Answer:

$675

$850

$1200

Step-by-step explanation:

Use formula for simple interest:

A = P (1+rt)

where

A = accrued amount (principal + interest) = what we want to find

P = Principal (initial) amount = Given as $500

r = rate of interest = Given as 7% = 0.07

t = time

For 5 years, t = 5

A = 500 [ 1 + 0.07(5) ] = $675

For 10 years, t = 10

A = 500 [ 1 + 0.07(10) ] = $850

For 20 years, t = 20

A = 500 [ 1 + 0.07(20) ] = $1200

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We are given that there are 58 left-handed students and 609 right-handed students at East Middle School and these numbers of students are proportional to the number of left and right handed students at East Middle School.

Given the above information, we are are to determine which two options could be the the numbers of left-handed and right-handed students at West Junior High.

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