Answer: After 1 year: $5,610
After 2 years: $5,722.20
Step-by-step explanation: Use the formula for periodic compounding interest, which is
A = P(1 + r/n)^(nt), where A is the final amount, P is the initial deposit, r is the interest rate as a decimal, n is the number of times the interest is compounded per year, and t is how many years.
Here, P = 5,500, r = 0.02 (that's 2% as a decimal), n = 1,
t = 1 for the first answer, t = 2 for the second answer (1 year, then for 2 years)
Plug the known values in to solve...
For 1 year...
A = 5,500(1 + 0.02/1)^(1*1)
A = 5,500(1.02)^1
A = 5,610
For 2 years...
A = 5,500(1 + 0.02/1)^(1*2)
A = 5,500(1.02)²
A = 5,722.20
Answer:
820 feet
Step-by-step explanation:
We can use the rule of three in this scenario since this is a ratio problem with one unknown. To do this we simply multiply the diagonal values and divide by the final value. We know that there are a total of 3280.84 ft in a single kilometer, therefore...
1 km == 3280.84 ft
0.25 == x
(0.25 * 3280.84) / 1 = 820.21
Now we can see that there are 820.21 ft in the 0.25 kilometers. If we round this to the nearest foot we would round down to a total of 820 feet.
H would equal to 4 (8+4=12)
5x-8y=1...(1)
3x+6y=-21...(2)
(1)*3:
15x-24y=3...(3)
(2)*5:
15x+30y=-105...(2)
(3)-(2):
15x-24y-(15x+30y)=3-(-105)
15x-24y-15x-30y=108
-54y=108
y=-2