Answer:
Step-by-step explanation:
GIVEN: Daniel invests 
in a retirement account with a fixed annual interest rate of 
compounded 
times per year.
TO FIND: What will the account balance be after 
years
SOLUTION:
Amount invested by Daniel 
Annual interest rate 
Total amount generated by compound interest is 
Here Principle amount 
rate of interest 
number of times compounding done in a year 
total duration of time 
putting values we get
=
Hence the total balance after 
will be
Answer:
Identity property of multiplication
Step-by-step explanation:
From step 5:
Here, to solve for x so that the variable x stands alone, Alberto uses the identity property of multiplication, which justifies what he has in step 6.
Step 6:
According to the identity property of multiplication, any value you multiply by 1 gives you that same value.
Therefore, 1x = 1 × x = x.
The variable x multiplied by 1 will give you x.
5x7=35 35/10=3.5
so 3.5 is the answer
Answer:
Step-by-step explanation:
