Quick TIMED does anyone know this algebra 2 question? Will give brainiest
2 answers:
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Answer: 5
Step-by-step explanation:
1. You have the following expression given in the problem above:
2. You can estimate the result by rounding the numerator and the denominator.
3. As you can see, you can round up 97.5 to 100.
4. Then, you can round up 1.96 to 2.
5. Therefore, you have:
6. Therefore, the result is 5.
Answer:
The balance of account at the end of 36 years is $31,849.29
Step-by-step explanation:
We are given the following in the question:
P = $3,300
r = 6.5% = 0.065
t = 36 years
The compound interest is given by:
where A is the amount, p is the principal, r is the interest rate, t is the time in years and n is the nature of compound interest.
Since interest is compounded annualy we use n = 1
Thus, balance of account at the end of 36 years is $31,849.29