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Alex
3 years ago
15

Find the value of $1000 deposited for 10 years in an account paying7% annual interest compounded yearly

Mathematics
1 answer:
Over [174]3 years ago
6 0

Answer:

should be after 10 years , $1967.15

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What is the value of x in the equation 13 x minus 2 (8 + 5 x) = 12 minus 11 x?
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<u><em>Solution:</em></u>

We have to find the value of "n" in the proportion

<em><u>Given proportion is:</u></em>

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We can solve the above proportion by cross-multiplying

Multiply the numerator of the left-hand fraction by the denominator of the right-hand fraction

Multiply the numerator of the right-hand fraction by the denominator of the left-hand fraction

Set the two products equal to each other

Solve for the variable

->\frac{n}{28} = \frac{4}{7}

-> 7 *  n = 4 * 28

-> n = \frac{4 * 28}{7}

-> n = 4 * 4 = 16

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