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Citrus2011 [14]
2 years ago
12

Find the balance in the account after the given period. $5,700 deposit earning 4.2% compounded monthly, after 4 years. What is t

he balance after 4 years?
Mathematics
1 answer:
Genrish500 [490]2 years ago
6 0

The formula is

A=p (1+r\n)^n t

A future value?

P present value 5700

R interest rate 0.042

N compounded monthly 12

T time 4years

A=5,700×(1+0.042÷12)^(12×4)

A=6,740.76

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2. according to the condition 'a total of 32', it means that x+y=32. This is the 1st equation.
3. according to the condition in one car are 3x persons, in one bus are 27y persons, and totaly 3x+27y=408 people. This is the 2d equation.
4. if to solve the system of two equations:
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