Current Account Balance = $1,624.35
Initial Deposit = $975
Interest Rate (Simple) = 3.7% simple interest
Interest Earned = Current Account Balance - Initial Deposit
⇒ Interest Earned = $1,624.35 - $975
⇒ Interest Earned = $649.35
Now the Formula for Simple Interest is:
Simple Interest = ×
, where P is the initial deposit, R is the rate of interest and T is the time period
⇒ 649.35 = 
⇒ T = 
⇒ T = 18
Hence, Jeremiah has had the account for 18 years.
Answer:157.47722557
Step-by-step explanation:
Answer:
$30000at 8%compound interest
For this case we have the following equation:
h = -16t ^ (2) + 30t + 6
We substitute the value of h = 10 in the equation:
10 = -16t ^ (2) + 30t + 6
Rewriting we have:
0 = -16t ^ (2) + 30t + 6-10
0 = - 16t ^ (2) + 30t - 4
We look for the roots of the polynomial:
t1 = 0.144463904
t2 = 1.730536096
"the ball passes its maximum height, it comes down and then goes into the hoop". Therefore, the correct root is:
t = 1.730536096
Answer:
It goes into the hoop after:
t = 1.73 seconds
