3 years ago

Pls pls pls help w these 2 questions for algebra, they are simple

Mathematics

1 answer:

AlekseyPX3 years ago

4 0

Answer:

D.By finding the unit rate and multiplying it by 7.Step-by-step explanation:

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Tasha invests in an account that pays 1.5% compound interest annually. She uses the expression P(1+r)t to find the total value o

zhenek [66]

$\bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$3000\\
r=rate\to 1.5\%\to \frac{1.5}{100}\to &0.015\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{annually, thus once}
\end{array}\to &1\\
t=years\to &5
\end{cases}
\\\\\\
A=3000\left(1+\frac{0.015}{1}\right)^{1\cdot 5}\implies A=3000(1.015)^5\implies A\approx 3231.852$