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3 years ago

You decide to deposit $5,000 in a savings account that earns 3% interest. How much money will you have in 10 years

Mathematics

1 answer:

ki77a [65]3 years ago

7 0

Answer:

65,000

Step-by-step explanation:

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Step-by-step explanation:

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3 years ago

Please help me- thank you

Kruka [31]

Answer:

a) The profit will be: $Profit=y^2-99500$

b) Since the profit is -9500 (negative) so, company will not gain any profit if they produce 300 bicycles.

Step-by-step explanation:

Cost of Bicycles= $y^2+10y+100,000$

Revenue generated = $2y^2+10y+500$

Find a polynomial that represent profits

The formula used for finding profit is:

$Profit = Total \ Revenue - Total \ Cost\\Profit= 2y^2+10y+500 - (y^2+10y+100,000)\\Profit= 2y^2+10y+500 - y^2-10y-100,000\\Profit=2y^2-y^2+10y-10y+500-100,000\\Profit=y^2-99500$

So, the profit will be: $Profit=y^2-99500$

If the company can produce bicycles y= 300

The profit will be:

$Profit=y^2-99500\\Profit=(300)^2-99500\\Profit=90000-99500\\Profit=-9500$

Since the profit is -9500 (negative) so, company will not gain any profit if they produce 300 bicycles.

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3 years ago

You decide to deposit $5,000 in a savings account that earns 3% interest. How much money will you have in 10 years​

You decide to deposit $5,000 in a savings account that earns 3% interest. How much money will you have in 10 years