Answer:
a) $520
b) $580
c) Interest amount is same each year
Step-by-step explanation:
Given - Georgie put $500 in her savings account, earning interest at a rate of 4% each year. She did not make any more deposits or withdrawals.
To find - a) How much money was in the account after one year?
b) How much money was in the account after 4 years?
c) Was the amount of money earned in interest the same or different each year?
Proof -
Here given that,
Principal amount = $500
rate of interest = 4% = 4/100 = 0.04
Now,
a)
Amount = P [ 1 + RT ]
= 500 [ 1 + 0.04(1)]
= 500 [ 1 + 0.04] = 520
⇒Amount = $520
b)
Amount = P [ 1 + RT ]
= 500 [ 1 + 0.04(4)]
= 500 [ 1 + 0.16] = 580
⇒Amount = $580
c)
In 2nd year,
Amount = P [ 1 + RT ]
= 500 [ 1 + 0.04(2)]
= 500 [ 1 + 0.08] = 540
⇒Amount = $540
Now,
Interest in 1st year = 520 - 500 = 20
Interest in 2nd year = 540 - 520 = 20
So,
The interest amount is same each year
Answer:
2 km east and 10 km north
Step-by-step explanation:
I did the activity and got the right answer.
Answer:
If 1/2 gallon covers 540 square feet, then 1 gallon will cover 1080 square feet.
Step-by-step explanation:
Answer: 1,811 square foot
Step-by-step explanation:
Hi, to answer this question we have to solve the equation given, by substituting P = 4,148 and f=190 in the equation.
P = 1.85s + 4.2f
4,148 = 1.85s +4.2 (190)
Solving for s:
4,148 = 1.85s +798
4,148-798 =1.85s
3,350 = 1.85s
3,350/1.85 =s
s = 1,810.81 = 1,811 square foot (rounded)
Feel free to ask for more if needed or if you did not understand something.
It is no answer, because when you get 12x + 48 = 48 + 12x, they cancel each other out.
