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3 years ago

1,000.00 at 4.5% interest for 2 years

1 answer:

4 0

Each year we add 4.5% interest.
4.5% as a decimal is 0.045.
We multiply by 1.045 to add this interest.
(not 0.045, this would just be the interest and wouldn't keep the whole)

To start: $1,000
Multiply by 1.045 for the first year.
Now we have $1,045.
Multiply by 1.045 again for the second year.
Now we're at 1092.025.
We need to round up to the nearest cent...$1,092.03

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Step-by-step explanation:

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3 years ago

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eimsori [14]

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4 years ago

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Mice21 [21]

Answer:

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Step-by-step explanation:

<em>To solve this question list the multiples of 30 and 9 to find the first common multiple because the two activities will happen again in </em><em>a number divisible by both 30 and 9.</em>

∵ The multiples of 30 are: 30, 60, 90, 120, ............

∵ The multiples of 9 are: 9, 18, 27, 36, 45, 54, 63, 72, 81, 90, 99, .....

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this Saturday

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3 years ago

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3 years ago

20liters of mixture contain milk nad water in the ratio 5:3 if 4liters of the mixture are replaced by 4 liters of milk find the

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Answer:

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Step-by-step explanation:

milk/water=5/3

milk +water=5+3=8

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3 years ago