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.
B. 1 and 5 are factors of all three numbers :)
In a way, you are adding like terms.
3.5 + 2.7 = 6.2, therefore making the answer 6.2 + x
The brackets can be ignored so you are really just asked 8 x 4 x k. 8 x 4 =32 so you end up with 32k
