Step-by-step explanation:
This was the formula that was given.
A is the final amount, which is what we're solving for.
P is the original money amount, which is $5,000
r is the interest rate, which is 1%, or 0.01
m is the amount of times the interest is compounded per year. Since the interest is compounded quarterly, interested is compounded 4 times per year.
t is the time the money is in the bank, which is 2 years
That's all we need to solve the equation now
That's your answer
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Dividing the first equation by 2
X + 2y = 12
Dividing the equation 2 by 4
-3x + 2y = -4
subtracting both equations
4x = 16
X = 4
Also 4 + 2y = 12
2y = 8
Y = 4
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Yes it’s correct, it’s C.
Answer:
900,000,000
Step-by-step explanation:
923,187,456 is closer to 900,000,000 than 1,000,000,000 when using the greatest integer rule.