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Naddik [55]
3 years ago
8

Martin deposits $700 into a savings account that gains interest at a rate of 5.5% annually. If he waits 7 years to withdraw the

money, will he have earned more or less money than $275 and by how much?
Mathematics
1 answer:
Travka [436]3 years ago
4 0

。☆✼★ ━━━━━━━━━━━━━━  ☾  

Use the multiplier 1.055

final = original x multiplier^n

where 'n' is the number of years

Sub the values in

final = 700 x 1.055^7

final = 1018.27

Subtract the values:

1018.27 - 700 = 318.27

Thus, he earns more than $275

He earns $43.27 more

Have A Nice Day ❤    

Stay Brainly! ヅ    

- Ally ✧    

。☆✼★ ━━━━━━━━━━━━━━  ☾

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Answer:

See below.

Step-by-step explanation:

x-7≤3x+1

 +7     +7

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-3x -3x

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/-2   /-2

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-1/3+4+2/3 what is the answer plz and thank you
koban [17]
Hi there!

-  \frac{1}{3}  + 4 +  \frac{2}{3}  =
First we rearrange the sum in order to add both of the fractions first. We can rearrange because the only thing we need to do is adding.

-  \frac{1}{3}  +  \frac{2}{3}  + 4 =
Add the fractions.
** If you don't get this, think of this story: you lack 1/3 of an apple pie and someone gives you 2/3 of pie. How much pie do you have left?
- 1 / 3 + 2 / 3 = 1 / 3 **

\frac{1}{3}  + 4 =
Finally add 4 to our found fraction.

\boxed{ 4\frac{1}{3} }
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