Answer:
B. $2862
Step-by-step explanation:
Using n=5 in the given equation, we get ...
A(5) = 2700 + (5-1)(.015·2700) = 2700 +4(40.50)
A(5) = 2862.00
In year 5, you will have $2862 in the account.
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<em>Comment on the given equation</em>
The given equation tells you the amount in the account at the <em>beginning</em> of the year, before it earns any interest. Since that is the equation given, we presume that is the answer desired. In most "account balance" problems, you are interested in the amount at the <em>end</em> of the interest-earning period.
It is quite simple actually since it is simple division with the negative rules.
Just simplify the problem and use the negatives to determine if it is positive or negative. (two negatives equal a positive and one negative equals a negative)
B. $30
to find out how much $ she earned per day, all you have to do is divide $2,100 by 70, which is $30.
i hope this helps!!
Answer:
D
Step-by-step explanation: