Keri has $30.67. She goes to Target and buys a pack of pencils for $2.38 and an eraser for 56 cents. How much money did Keri spe
1 answer:
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Answer:
Step-by-step explanation:
Given that a bank representative studies compound interest, so she can better serve customers. She analyzes what happens when $2,000 earns interest several different ways at a rate of 2% for 3 years.
a) the interest if it is computed using simple interest. 12.00
= dollars
b) the interest if it is compounded annually.
= dollars
c) the interest if it is compounded semiannually
=
d) the interest if it is compounded quarterly.
=
e) the interest if it is compounded monthly.
=
13+4x=1-x
4x=-12-x (minus 13 from each side)
5x=-12 (add x to each side)
You divide -12 by 5x
-12÷5x=2
⇒2.4
x=2.4
4x=-12-x (minus 13 from each side)
5x=-12 (add x to each side)
You divide -12 by 5x
-12÷5x=2
x=2.4