Answer:
x=amount invested at 7%
2x=amount invested at 8%
3x=amount invested at 9%
interest=principal*rate*time (time=1 year)
$150=0.07x+0.08*2x+0.09*3x
$150=0.07x+0.16x+0.27x
$150=0.50x
$1500=5x
x=$300 invested at 7%
2x=$600 invested at 8%
3x=$900 invested at 9%
Step-by-step explanation:
3/5 = 0.3 * x
3/5 is 30% of x - This is how they match up from the word problem to a number sentence
So to solve it...
3/5 = 0.3x
x = 3/5 ÷ 0.3 = 2
If C={-10,-9,-8,-7,-6,-5} and D={-6,-5,-4,-3,-3,-1} what is CnD
nalin [4]
Answer:
-123 and 203 130 31804
Step-by-step explanation:
Apex idk
Answer:
The amount that would be in the account after 30 years is $368,353
Step-by-step explanation:
Here, we want to calculate the amount that will be present in the account after 30 years if the interest is compounded yearly
We proceed to use the formula below;
A = [P(1 + r)^t-1]/r
From the question;
P is the amount deposited yearly which is $4,500
r is the interest rate = 2.5% = 2.5/100 = 0.025
t is the number of years which is 30
Substituting these values into the equation, we have;
A = [4500(1 + 0.025)^30-1]/0.025
A = [4500(1.025)^29]/0.025
A = 368,353.3309607034
To the nearest whole dollars, this is;
$368,353
