Answer:the balance after 7 years is $3216
Step-by-step explanation:
A) Initial amount deposited into the account is $2800 This means that the principal,
P = 2800
It was compounded yearly. This means that it was compounded once in a year. So
n = 1
The rate at which the principal was compounded is 4%. So
r = 4/100 = 0.04
It was compounded for 7 years. So
t = 7
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. Therefore
A = 2800(1 + 0.04/2)^ 1× 7
A = 2800(1 + 0.02)^7
A = 2800(1.02)^7
A = $3216
You can do this by multiplying 10000 by 103.4 percent
10,000 times 100 percent is 10,000 so 10,000 times 103.4 percent is the extra 3.4 percent
You would have earned 340 dollars in a years time
10
and i wouldent know i just guest
Answer:
Step-by-step explanation:
She poured ⅔×2 = 4/3 qt into the second bottle.
Her bottle holds 2×4/3 = 8/3 qt
The answer is: " 340 " . There are 340 nickels in 17 dollars.
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Explanation:
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There are 20 nickels in one dollar.
Since 1 dollar = $1.00 = 100 cents ; and:
1 nickel = 5 cents
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(5 cents)*x = 100 cents ; solve for "x" ; x = the number of nickels in 1 dollar;
Divide each side of the equation by "5 cents" ;
[(5 cents)*x] / (5 cents) = (100 cents) / (5 cents) ;
to get:
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x = 20 .
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There are 20 nickels in one (1) dollar.
20 nickels * 17 dollars = number of nickels in 17 dollars.
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20 * 17 = 340 nickels in 17 dollars.
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The answer is: " 340 " . There are 340 nickels in 17 dollars.
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