Answer:
The amount that would be in the account after 30 years is $368,353
Step-by-step explanation:
Here, we want to calculate the amount that will be present in the account after 30 years if the interest is compounded yearly
We proceed to use the formula below;
A = [P(1 + r)^t-1]/r
From the question;
P is the amount deposited yearly which is $4,500
r is the interest rate = 2.5% = 2.5/100 = 0.025
t is the number of years which is 30
Substituting these values into the equation, we have;
A = [4500(1 + 0.025)^30-1]/0.025
A = [4500(1.025)^29]/0.025
A = 368,353.3309607034
To the nearest whole dollars, this is;
$368,353
Answer:
The option "The function has a positive y-intercept" is true because f(0) = 2, which is the y-intercept.
Step-by-step explanation:
A=90 degrees divide by 5
=18 degrees
2c+a=90
2c+18=90
2c=90-18
2c=72
divide each side by 2
c=36
therefore:
2c=72
b=4a+c
b=4(18)+36
b=72+36
b=108
