Answer:
$552.04
Step-by-step explanation:
Lauren, use the compound amount formula: A = P(1 + r)^n.
Here P is the principal and is $500; r is the annual interest rate as a decimal fraction, and n is the number of years.
After 5 years, Anna will have: $500(1 + 0.02)^5 = $552.04
Answer: The area of the lake is actually 182 square miles 1 inch represents one side 3 miles long the other side is also 3 miles. 3×3=9 square miles. 1 Square Inch on the map represents 9 Square Miles.
Step-by-step explanation: If the area on the map is 18 square inches, and each square inch represents 9 square miles, multiply 18×9=182 to get the area of that big lake.
C. you have a deficit of 1000
Explanation:
We say that we have a surplus when the net income is more than the total expenses, while we say that we have a deficit when the net income is less than the total expenses.
In this case, the net income is 1500, which is less than the total expenses (2500): so, we have a deficit. In order to calculate the deficit, we can use the formula
deficit = total expenses - net income
Substituting the data of the problem, we find
deficit = 2500 - 1500 = 1000
