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Umnica [9.8K]
2 years ago
5

plz help me plz Suppose we deposit $2583 in a savings account earning 2.7% per year, compounded annually. Calculate the value of

the account at the end of year 35. Do not round until the very last calculation. Then round your answer to the nearest whole number.
Mathematics
1 answer:
rjkz [21]2 years ago
8 0

Answer:

$6,563

Step-by-step explanation:

First, place the numbers into the formula A=P(1+r)^n and make the percent into a decimal:

A= 2,583(1+0.027)^35

Solve the equation and you get your answer:

6,562.811525

Round to the nearest whole number:

$6,563

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2 years ago
The buying rate and selling rate of a Australian dollar in a bank are rs 80.20and rs 81.40respectively how much Australian dolla
olya-2409 [2.1K]

Answer:

5000 Australian Dollars

Step-by-step explanation:

To find out how many Australian dollars need to be sold, we first need to find the profit of a single dollar sold.

We will be using the formula for profit, which is:

Profit = Total Revenue - Total Cost

Now we define the available variables.

Total Revenue = 81.40

Total Cost = 80.20

Profit = 81.40 - 80.20

Profit = rs 1.20/dollar

Now we have to find how many dollars we have to sell to get a profit of rs 6000.

We simply divide the amount of profit that we want to the price per dollar.

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2 years ago
Graph a line that contains the point (3,-6) and has a slope of -1/2
djyliett [7]
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3 years ago
Translate the following word sentence into a numerical expression: When you square five times a number, you get three more than
8090 [49]
“Square five times a number” with “a number” being x is the same as saying:

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Therefore the sentence “When you square five times a number, you get three more than the number.” is the same as:

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Read 2 more answers
When solving the equation x/5 - 12 = 10, what is your last step?
Fittoniya [83]

Answer:

A multiply by 5

Step-by-step explanation:

x/5-12=10

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multiple each side by 5

x=22*5

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3 years ago
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