I think one model would / could be 3 / 4
-81 has the same absolute value.
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The question can be solved using formula <span>an = a1(1 + r)^n where n is the number of year, r is the interest rate and a is the initial amount. The value of the variable would be:
a= initial amount = $15,000
r= interest= 10%= 0.1
n= number of year = 16
The calculation would be:
</span><span>an = a1(1 + r)n
</span><span>a16 = $15,000(1 + 0.1)^16
</span>a16 = $15,000(1 .1)^16
a16 = $15,000(4.59497)
<span>a16= $68,924.59</span>
9514 1404 393
Answer:
$2000
Step-by-step explanation:
The amount of interest is given by the formula ...
I = Prt
where P is the principal invested, r is the annual rate, and t is the number of years. Here, we want to find P when I = 50, r = 0.05, and t = 1/2.
50 = P(0.05)(1/2)
P = 50/(0.05·1/2) = 2000
Alden started with $2000 in his account.
Answer:
XY
Step-by-step explanation:
XY
hope this helps. :)
