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lara [203]
3 years ago
8

How much would $200 invested at 7% interest compounded annually be worth after 5 years? Round your answer to the nearest cent. D

o not include units in your answer
Mathematics
2 answers:
stiv31 [10]3 years ago
7 0

Answer:

Compounded amount after 5 years (A) = $280.51

Step-by-step explanation:

Given: P = $200, r = 7% = 7/100 = 0.07, n = 5 years

Compounded amount after 5 years (A) = P(1 +r)^n

Now plug in the given values in the above formula, we get

A = 200(1 + 0.07)^5

A = 200*(1.07)^5

A = 200 *1.4025517307

A = $280.51

Compounded amount after 5 years (A) = $280.51

Hope this will helpful.

Thank you.

viktelen [127]3 years ago
6 0
The future worth (F) of the investment at present (P) with a compound interest i after n years is calculated through the equation,
                                      F = P x (1 + i)^n
Substituting the known values,
                                      F = ($200) x (1 + 0.07)^5 = $280.51
Thus, the future worth of the investment is approximately $280.51. 
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gogolik [260]

Answer:

d. Variable ratio

Step-by-step explanation:

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Let us see our given choices one by one.

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3 years ago
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dimaraw [331]

Answer:

-1/8 is the answer

Step-by-step explanation:

1.) 1st we have to take 1/2x and make the bottom number 4. so we multiply by 2 and you should get 2/4.

2.) so now the equation should be 3/4x + 5 -2/4x = 3. now you take 3/4x and -2/4x and subtract them and you should get 1/4x.

3.) now the equation should look like 1/4x + 5 = 3. now we need to get all whole numbers to one side. so we will subtract 5 from 5 and that will cancel it out and we need to do that to both sides. so we will subtract 5 from 3 and you will get -2.

4.) now the equation should look like 1/4x = -2. now you put a 1 under the 2 to make it a fraction. it should look like 2/1 and then you are going to flip it because that is how you divide fractions. so now your equation should look like 1/4x = 1/2. now you multiply strait across both bottom and top. and you will get x = -1/8 and that is your answer.

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