9514 1404 393
Answer:
about 7.61%
Step-by-step explanation:
Put the given numbers into the formula and solve for r.
2200 = 1900(1 +r)^2
√(22/19) = 1 +r
r = √(22/19) -1 ≈ 0.076055 ≈ 7.61%
Need help asap beds helpbasap plzzzzzz need help asp
Answer:
Landry will have $5039.58
Step-by-step explanation:
compound interest formula: amount = p(1 + \frac{r}{n})^{nt}
p= principal ($2,300)
r= interest rate as a decimal (4% = 0.04)
n= number of times the principal is compounded per year (annually = once per year so 1 time per year)
t= time in years (20 years)
new equation: amount = 2300(1+\frac{0.04}{1} )^{1*20}
That equation equals $2,739.58 which you add to the principal.
$2,739.58 + $2,300 = $5039.58
hope this helps :) the equations aren't showing up right :(
Huh?????????????????.....
We can follow the following steps to make an equation and solve it.
Step 1:
five less than 13 means we have to subtract 5 from 13
so it becomes 13-5
Step 2:
A number y is five less than thirteen.
Now in algebraic expressions, "is" stands for "="
So we have:
Step 3:
Solving the equation to find y.
Subtracting 5 from 13, we get :
y=8
Answer:
For the given equation the solution is y=8.
