You put $2000 into an account earning 4% interest compounded continuously. Find the amount in the account at the end of 8 years.
1 answer:
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Here’s the answer for the first question and the second one stays 10k
Since the photo booth charges a $500 fee for two hours at the party and an additional 50 dollars per hour, we have:
50x+500=C
Where x is the hours stayed and C is the total cost. Since Cindy doesn't want to spend more than 700 dollars, we have:
So she spent an additional 4 hours on the rental.