ince the problem is only asking for 4 years, we can just calculated it out year by year. Recall the formula for compounding interest: A = P(1+r)n, where A is the total amount, P is the principle (amount you start with), r is the interest rate per period of time, and n is the number of periods (in this case, r is annual interest rate, so n is number of years). At the beginning (Year 0), Lou starts off with 10000: A = 10000 At the end of Year 1, Lou earned interest on that amount, plus he has deposited another 5000: A = 10000(1.08) + 5000 End of Year 2, Lou's interest from the year 0 amount has compounded, he has started earning interest on the amount deposited last year, and he deposits another 5000: A = 10000(1.08)2 + 5000(1.08) + 5000 End of Year 3, same idea. Lou has earned compounding interest on all existing deposits, and deposits another 5000: A = 10000(1.08)3 + 5000(1.08)2 + 5000(1.08) + 5000 End of Year 4, same idea: A = 10000(1.08)4 + 5000(1.08)3 + 5000(1.08)2 + 5000(1.08) + 5000 = 36135.45
Basically there are 3 addition properties and they are associative property, identity property, and commutative property.
Commutative property is just changing the order of the addends. Example: 26+19+34+21= 21+34+19+26
Identity Property is just adding a 0 to the number that doesnt change anything. Example: 26+19+34+21 +0 = 100
Associative property is just changing the grouping of the addends. Example: (26+19) + (34+21)
I know these properties may be complicated i know inhate them too haha but i hope i helped :) if you want you can search up the distributive property too but its with multiplication and addition combined and its harder but i think these are the 3 main properties.
Hope this helps!
9514 1404 393
Answer:
y = 3x +6
Step-by-step explanation:
Put the numbers in the formula in their corresponding places.
y = mx + b . . . . slope-intercept form with slope m, intercept b
y = 3x +6 . . . . . slope-intercept form with slope 3, intercept 6
Answer:
26-12=14
Step-by-step explanation:
sister sends 14 texts per day