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vagabundo [1.1K]
3 years ago
8

A $950 deposit for 18 years compounded at an annual interest rate of 2.21%

Mathematics
1 answer:
pantera1 [17]3 years ago
7 0

Answer: 1408.01$

Step-by-step explanation: Use the compound interest formula P*(1+r)^n Where P is the initial value, r is the interest rate, and n is the number of periods

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Write and solve a system of linear​ equations: The larger of two numbers is 18 more than 5 times
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Step-by-step explanation:

let x be the larger number and y the smaller , then

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substitute x = 5y + 18 into (2)

3(5y + 18) + 4y = 16 ← distribute parenthesis and simplify left side

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19y + 54 = 16 ( subtract 54 from both sides )

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y = - 2

substitute y = - 2 into (1)

x = 5(- 2) + 18 = - 10 + 18 = 8

then larger number is 8 and smaller is - 2

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SpyIntel [72]

Answer:

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=> Principal P = 6000

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Hope this helps!

:)

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Answer:

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Step-by-step explanation:

In the attachment!

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