The answer is $1,026.
Solving: Use Simple interest formula, I=Prt.
Make the rate into a decimal (1.6% -> 0.016)
plug in the numbers into the formula. 950 x 0.016 x 5 = 76$.
76$ will be our interest, now to find the balance we would have to add the the starting money (950) with our interest (76$), resulting in our answer of $1,026 after 5 years.
Answer:
Step-by-step explanation:
The distance between point (x1,y1) and (x2,y2) on a coordinate plane is given by expression
In the problem given coordinate points are
(0, a) and (a, 0).
Thus, distance between these points are given by
Thus , expression gives the distance between point (0, a) and point (a, 0) on a coordinate grid.
See the solution above..☝☝
HOPE THIS WILL HELP!!!
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Answer:$8.60
I put the work into the picture. Hope this helps!