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Anon25 [30]
3 years ago
7

Elise is investing 10,000 in an account that earns 2.25% simple interest. How many years will it take to have a balance of 12,70

0 in her account, if she does not add or withdraw from the account?
Mathematics
1 answer:
kogti [31]3 years ago
8 0

Answer:

12 years

Step-by-step explanation:

The formula to solve the above question i.e to find the time is given as:

Equation:

t = (1/r)(A/P - 1)

Calculation:

First, converting R percent to r a decimal

r = R/100 = 2.25%/100 = 0.0225 per year,

then, solving our equation

t = (1/0.0225)((12700/10000) - 1) = 12

t = 12 years

Therefore, if she does not add or withdraw from the account, the time it

will take to have a balance of 12,700 in her account is 12 years

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MrMuchimi

Answer:

x/-5

Step-by-step explanation:

Just divide by 5 and the denominator will be 5 meaning x would have to be 4.

Make sure your 5 is negative so the whole equation also ends up negative. x/-5=-4/5

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2 years ago
Which is the best first step when solving the following system of equations? x + y = 3. 4 x minus y = 7. Multiply the first equa
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Answer:

just add the equation and solve it then the value of X could be found then put the value of X and the value of y can be found. Just like in the below

Step-by-step explanation:

X+y=3 ------------ equation 1

4x-y=7 ------------ equation 2

adding equation 1 and 2

X+y=3

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putting the value of X in equation 1

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Thus, y = 1

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3 years ago
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What is the next term of the arithmetic sequence?<br> 6,2, -2, -6,
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Irina18 [472]
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Joe bought a box of laundry detergent that contains 195 scoops.
7nadin3 [17]

Answer:

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Step-by-step explanation:

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