<h3>
Answer: 270.58 dollars</h3>
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Work Shown:
- A = account value after t years
- P = principal or amount deposited = 800
- r = interest rate in decimal form = 0.06
- n = number of times we compound per year = 1
- t = number of years = 5
So,
A = P*(1+r/n)^(n*t)
A = 800*(1+0.06/1)^(1*5)
A = 1070.58046208
A = 1070.58
After five years, the account will have $1,070.58 in it.
The amount of interest earned is A-P = 1070.58 - 800 = 270.58 dollars.
Answer:
4
Step-by-step explanation:
Given that:
Let the two numbers = a and b
H. C. F of the two numbers = 2
L.C.M of the two numbers = 54
If a = 27 ; b =?
The product of a and b = product of their L. C. M and H. C. F ;
HENCE ;
27 * b = 2 * 54
27b = 108
b = 108/27
b = 4
Hence, second number is 4
5 more than a square number would be 21 which is 5 more than 16 (the square of 4)
Answer: $12*0.05=$0.60. Then, add this amount to his current hourly rate. So he now makes $12.60.