Answer:
$200
Step-by-step explanation:
You can take .1 times $2000 since 1-tenth is equal to .1
or you can 1 over ten times 2000 over 1 which makes 2000 over 10 and you divide 2000 by 10 to get $200
Answer:
B. $2862
Step-by-step explanation:
Using n=5 in the given equation, we get ...
A(5) = 2700 + (5-1)(.015·2700) = 2700 +4(40.50)
A(5) = 2862.00
In year 5, you will have $2862 in the account.
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<em>Comment on the given equation</em>
The given equation tells you the amount in the account at the <em>beginning</em> of the year, before it earns any interest. Since that is the equation given, we presume that is the answer desired. In most "account balance" problems, you are interested in the amount at the <em>end</em> of the interest-earning period.
Answer:
6 quarters and five dimes
Step-by-step explanation:
;)