The future amount of the current deposit given that the interest is simple and yearly is computed through the equation,
F = P x (1 + in)
where P is the principal amount, F is the future amount, i is the interest (in decimal form) and n is the number of years.
In this certain problem, we substitute the known values to the equation and solve for P,
2419.60 = P x (1 + (0.052)(1))
P = 2300
Thus, the initial investment was worth $2,300.
Answer:
Step-by-step explanation:
hello :
f(3)=-2(3)-5 = -6-5 = -11
Answer:
20x
Step-by-step explanation:
You would multiply 1/4 times 8. Or instead, you could divide 80 by 4. You would get 20 then you would multiply that by x and get 20x. Hope this helps.
Answer:
-1
Step-by-step explanation:
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He would earn <span>$40.95 in that amount of time
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