The amount you should deposit is $4709.18
Step-by-step explanation:
The formula for compound interest, including principal sum is
, where:
- A is the future value of the investment/loan, including interest
- P is the principal investment amount
- r is the annual interest rate in decimal
- n is the number of times that interest is compounded per unit t
- t is the time the money is invested or borrowed for
∵ You want to have $5000 in your savings account in 2 years
∴ A = 5000
∴ t = 2
∵ The account pays 3% annual interest, compounded monthly
∴ r = 3% = 3 ÷ 100 = 0.03
∴ n = 12 ⇒ compounded monthly
- Substitute these values in the formula above
∴ 
∴ 
∴ 
- Divide both sides by 
∴ P = 4709.18
The amount you should deposit is $4709.18
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Answer:

Step-by-step explanation:
We have been given that vector v has a direction of (5,3). We are asked to find direction angle for v to nearest degree.
We know that direction of vector with components
can be determined by
.
Upon substituting the components of given vector in above formula, we will get:


Upon rounding to nearest degree, we will get:

Therefore, the direction angle for vector v is 31 degrees.
Answer:
y = 10 -2x; 10 is the length of the trail
Step-by-step explanation:
Jordan's remaining distance starts at 10 miles, and decreases 2 miles each hour:
y = -2x +10
The y-intercept is the length of the trail.
Answer:
50
Step-by-step explanation: