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timofeeve [1]
3 years ago
8

Sumara Kato's savings account has a balance of $1663. After 19 years, how much interest

Mathematics
1 answer:
lesantik [10]3 years ago
4 0

Answer: $2936.27

Step-by-step explanation:

Present value = $1663

Rate = 5.5%

Time(n) = 19years

Future value= PV(1+r)^n

= 1663(1+5.5%)^19

= 1663(1.055)^19

=1663 × 2.766

=4599.86

Interest = Future value - Present value

= $4599 - $1663

= 2936

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For the second equation 10+y=90. We are going to subtract 10 from both sides. So, y=80.
Third, add 4 to both sides. a=10.
Fourth, subtract 8 from both sides. d=-9
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First we are going to add 3 and 4. 3+4=7. 5+2(7)=-x. Next we are going to multiply 2 and 7. 2*7=14. 5+14=-x. 5+14=19. So our equation is 19=-x. Next we are going to multiply both sides by -1. Making our final equation x=-19.
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