Answer:
<em>1500(1.02)^x + 600x</em> is how much he has in savings at the end of x years where it be in the bank or elsewhere
Step-by-step explanation:
x is in years
Let's just think about the investment of 1500 in an account earning 2% per year.
Before the years even start, you are at 1500 ( present value).
The next year (year 1), it would be 1500*.02+1500=(1500)(1.02).
The next year (year 2), it would be 1500(1.02)(.02)+1500(1.02)=1500(1.02)(1.02).
We keep multiplying factors of (1.02) each time.
So for year x, you would have saved 1500(1.02)^x.
Now we are saving 50 cash per month. Per year this would be 12(50) since there are 12 months in a year. 12(50)=600.
So the first year you would have 600.
The second year you would have 600(2) or 1200.
The third year you would have 600(3) or 1800.
Let's put this together:
1500(1.02)^x + 600x
Answer:
lolololololololololololol
Step-by-step explanation:
lololololololololololol
Add 5+3 raised to the 2nd which givea u (8)^2
do the 5 squared which gives u 1+25-23
evaluate 8^2=64
subtract the sum u should get 64 over 3, 21 and 1/3 or 21.3333333 repeating
Answer:
look it up :)
Step-by-step explanation:
:)
Answer:
3
Step-by-step explanation:
cubed root means _x_x_= the number
so in this case it would be _x_x_=27
and what times what times what equals 27?
3x3x3=27
