The account is starting off with 1500, so that will be the start value. Since it is simple interest, it will always be gaining 4 percent of 1500. Let's find 4 percent of 1500.
1500×.04= 60
The account will be growing by $60 every year.
1500+60x=y
X is the number of years. We can find the interest earned by multiplying 5, since that is the number of years we are trying to find, and 60, since that is the interest.
60×5= 300
The interest earned is $300 over 5 years.
Now let's find the balance of the account after 5 years.
1500+ 60(5)=y
1500+300=y
1800=y
The balance of the account will be $1,800 after 5 years.
Answer:
nop no. idea if you get it please share
Answer:
0.915
Step-by-step explanation:
Answer:
7,308,630
Step-by-step explanation:
Calculated it.
Answer:
x = -3
Step-by-step explanation:
1+3x=-2(x+7)
Distribute
1+3x = -2x-14
Add 2x to each side
1+3x+2x = -2x+2x-14
1+5x = -14
Subtract 1 from each side
1-1+5x= -14-1
5x = -15
Divide each side by 5
5x/5 = -15/5
x = -3
