A bank account has an initial deposit of $14,000. After 8 years, the bank account
1 answer:
Answer:
2.3%
Step-by-step explanation:
18000 = 15000( 1 + i)^8
Divide both sides by 15000
1.2 = (1 + i)^8
Take both sides to the 1/8 power
1.2^(1/8) = 1 + i
1.023051875220463 = 1 + i
Subtract 1 from both sides
i = 0.023051875220463
~ 2.3%
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Answer:
769.50
Step-by-step explanation:
95 ÷ 20 = 4.75
So, 4.75 is the cost per student
4.75 × 162 = 769.50
So, 4.75 dollars per student times 162 students is 769.50
Answer:
12
Step-by-step explanation:
(×-8)5=20
(5×-40)=20
5×(-40+40)=(20+40)
5×=60
5×÷5=60÷5
×=12
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