Answer:
At the end of 3 years, we could save upto $ 2975.4 with an interest rate of 3.3 %
Step-by-step explanation:
If we are putting $ 2700 into our IRA ( individual Retirement Account) for 3 years and we are earning 3.3% profit every year, we need to find the total amount saved at the end of 3 years.
Since the interest is calculated for more than 1 year, this is an example of compound interest.
The formula used is:
where FV = future value
P= Principal amount of money deposited
r= annual interest rate ( in decimal form)
n= number of times interest rate is compounded (yearly)
t= time period
So for our given guestion:
P= $2,700
r = 3.3 % = 0.033
n= 1
t= 3
putting our values in the formula
So, at the end of 3 years, we could save upto $ 2975.4 with an interest rate of 3.3 %
Well, following the order of PEMDAS, I got choice B. 52
For instance, when you plug in 5 for x, you get F(5)=2(5)^2+2.
Moreover, following PEMDAS, you're supposed to solve what's inside the parenthesis, but since there is no operation going on inside the parenthesis, then you simple move on to the exponent.
In this case, you square the number 5, which gives you F(5)=2(25)+2
After that, you Multiply (letter M in PEMDAS). This results in F(5)=50+2.
Finally, you add them, which results in F=52.
By the way, I noticed a mistake in your work. When multiplying 2 by 5, the answer is 10, not 20.
Anyway, hope this helped! :-)
Answer:
2720 g i think
Step-by-step explanation: