$390 is the interest will Charlie’s initial investment earn over the 15-year period. The money does Charlie have after the 15 years is $715.
<u>Step-by-step explanation:</u>
Harlie invests $325 in an account.
- Principal, P = $325
- Interest rate, r = 8% ⇒ 0.08
- Number of years, t = 15
<u>The formula to find the interest will Charlie’s initial investment earn over the 15-year period :</u>
⇒
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Therefore, $390 is the interest will Charlie’s initial investment earn over the 15-year period.
<u>Money Charlie has after 15 years :</u>
It is given by the formula,
⇒ Amount = Principal + Interest.
⇒ 325 + 390
⇒ 715 dollars.
∴ The money does Charlie have after the 15 years is $715.
Answer:
320+40=360
Step-by-step explanation:
8(40+5)
320+40=360
Use the slope formula to find the slope of a line given the coordinates of two points on the line. The slope formula is m=(y2-y1)/(x2-x1), or the change in the y values over the change in the x values.
2 years will be 80 cats (20 x 2 = 40 (year 1) and 40 x 2 = 80 (year 2))
3 years will be 160 (80 x 2 = 160)
5 years will be (160 x 2 = 320 (year 4) and 320 x 2 = 640 (year 5)) So 5 years will be 640