Answer:
$57,369
Step-by-step explanation:
We have been given that an amount of $53,000 is placed in an investment account that grows at a fixed rate of 2% (compound growth) per year. We are asked to find the amount in the account after 4 years.
To solve our given problem we will use compound interest formula.\
, where,
A = Final amount after t years,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.
Let us convert our given rate in decimal form.
Upon substituting our given values in compound interest formula we will get,
Therefore, an amount of $57,369 will be in the account after 4 years.
Answer: 379.94
Step-by-step explanation: To find the area of a circle, you do radius squared times pi. To find the radius, divide the diameter in half. So 22 divided by 2 is 11. 11 squared is 121. Then multiply 121 by 3.14. That equals to 379.94
Answer:
Yes
Step-by-step explanation:
Answer:
20
Step-by-step explanation:
It seems like the rule of this sequence is to add 5 (since 2 + 5 = 7 and 7 + 5 = 12). We already are given that we have 2 2-digit numbers (12 and 17) so let's see if there are any more. The sequence continues to 22, 27, 32, 37, 42, 47, ..., 92, 97. We need to count how many numbers are in the list 12, 17 ... 92, 97. To do this, let's add 3 to every term in the list to get 15, 20, ... 95, 100. Since the list is now full of multiples of 5 we can divide the list by 5 to get 3, 4, ... 19, 20 and then subtract 2 to get 1, 2, ... 17, 18 which means that there are 18 2-digit numbers.
Answer:
£9000
Step-by-step explanation:
= £10 000×<u> </u><u> </u><u>5</u><u> </u><u> </u>×2
100
= 1000
= £10 000-1000
= £9000
