Answer:
a) $520
b) $580
c) Interest amount is same each year
Step-by-step explanation:
Given - Georgie put $500 in her savings account, earning interest at a rate of 4% each year. She did not make any more deposits or withdrawals.
To find - a) How much money was in the account after one year?
b) How much money was in the account after 4 years?
c) Was the amount of money earned in interest the same or different each year?
Proof -
Here given that,
Principal amount = $500
rate of interest = 4% = 4/100 = 0.04
Now,
a)
Amount = P [ 1 + RT ]
= 500 [ 1 + 0.04(1)]
= 500 [ 1 + 0.04] = 520
⇒Amount = $520
b)
Amount = P [ 1 + RT ]
= 500 [ 1 + 0.04(4)]
= 500 [ 1 + 0.16] = 580
⇒Amount = $580
c)
In 2nd year,
Amount = P [ 1 + RT ]
= 500 [ 1 + 0.04(2)]
= 500 [ 1 + 0.08] = 540
⇒Amount = $540
Now,
Interest in 1st year = 520 - 500 = 20
Interest in 2nd year = 540 - 520 = 20
So,
The interest amount is same each year
Answer
28 percent
Step-by-step explanation:
divide 14/50
Answer:
about 3.9 lbs
Step-by-step explanation:
18 7/9 lbs - 14 7/8 lbs
convert mixed numbers to improper fractions
169/9 - 119/8
convert to common denominator
1352/72 - 1071/72
subtract numerators
281/72
about 3.9 lbs
Go to where 30 degrees is on the unit circle and find the y-coordinate. That is sin30.
Answer:
Step-by-step explanation:
3
x
2
+
4
x
+
19
−
f
(
x
)
=
0
