Answer:
At the end of 3 years, we could save upto $ 2975.4 with an interest rate of 3.3 %
Step-by-step explanation:
If we are putting $ 2700 into our IRA ( individual Retirement Account) for 3 years and we are earning 3.3% profit every year, we need to find the total amount saved at the end of 3 years.
Since the interest is calculated for more than 1 year, this is an example of compound interest.
The formula used is:
where FV = future value
P= Principal amount of money deposited
r= annual interest rate ( in decimal form)
n= number of times interest rate is compounded (yearly)
t= time period
So for our given guestion:
P= $2,700
r = 3.3 % = 0.033
n= 1
t= 3
putting our values in the formula
So, at the end of 3 years, we could save upto $ 2975.4 with an interest rate of 3.3 %
Answer:
x = 3 or y = -3
Step-by-step explanation:
To find x, substitute y with a 0.
0=x-3. Minus the x on both sides and x will equal 3
To find y, substitute x with a 0.
y=0-3. 0-3 equals -3 which means that y will equal -3
4.5 - 2.4 + 1.7
2.1 + 1.7
= 3.8
- Andre is 3.8 miles away from his house.
9514 1404 393
Answer:
8, 9. Correct
10. 6.1×t
Step-by-step explanation:
8, 9. The answers shown are correct.
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10. The only product in the given expression is 6.1t, which can be written as ...
6.1×t
when a symbol is used to represent multiplication.
The parts of the product are the <em>multiplicand</em> and the <em>multiplier</em>. Those parts are also called <em>factors</em>.
Answer:
0.0004582951
Step-by-step explanation:
I just put this equation into a calculator to solve.