After t years, the expression that can be used to represent the money in Jenny account is Mp=2000(1.05)^t+(1.05)^4
<h3 /><h3>Compound interest Computation</h3>
Given Data
A = P + I where
P (principal) = $2,000.00
I (interest) = $431.01
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 5/100
r = 0.05 rate per year,
Then solve the equation for A
A = P(1 + r/n)^nt
A = 2,000.00(1 + 0.05/1)(1)(4)
A = 2,000.00(1 + 0.05)(4)
A = $2,431.01
Summary:
The total amount accrued, principal plus interest, with compound interest on a principal of $2,000.00 at a rate of 5% per year compounded 1 times per year over 4 years is $2,431.01.
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brainly.com/question/24924853
Answer:
No
Step-by-step explanation:
Answer:
x = -13
Step-by-step explanation:
3(x+1) = 2(x-5)
3x + 3 = 2x - 10
3x - 2x = -10 - 3
x = -13
Answer:
38.6
Step-by-step explanation:
Answer:
5 =x
Step-by-step explanation:
X+2x+15=5x+5
Combine like terms
3x+15 = 5x+5
Subtract 3x from each side
3x+15 -3x = 5x+5 -3x
15 = 2x+5
Subtract 5 from each side
15-5 = 2x+5-5
10 =2x
Divide each side by 2
10/2 =2x/2
5 =x
