Answer:
<u>The balance in the account after 10 years is US$ 2,442.81</u>
Step-by-step explanation:
1. Let's review the data given to us for answering the question:
Investment amount = US$ 2,000
Duration of the investment = 10 years
Annual interest rate = 2% compounded continuously
2. Let's find the future value of this investment after 10 years, using the following formula:
FV = PV * eˣ ⁿ
PV = Investment = US$ 2,000
number of periods (n) = 10 (10 years compounded continuously)
rate (x) = 2% = 0.02
e = 2.71828 (Euler's number)
Replacing with the real values, we have:
FV = 2,000 * (2.71828)^0.02*10
FV = 2,000 * 2.71828^0.2
FV = 2,000 * 1.2214027
<u>FV = US$ 2,442.81</u>
3x+4=x+2
2x+4=2
2x=-2
-2/2
X=-1
Y=-1+2
Y= 1
Solution= (-1,1)
I basically converted them all into decimals and rounded
Team 1- 0.75
Team 2- 0.8
Team 3- 0.775
Team 4- 0.825
Team 5- 0.725
Team 6- 0.7625
Team 7- 0.7875
Team 8- 0.8125
Team 4 collected the most
Team 5 collected the least
180=15+85+(4x-20)
180-15-85=4x-20
80=4x-20
4x-20=80
4x=80+20
4x=100
x=100/4
x=25
