This is the concept of application of compound interest, to calculate the amount I will have after the 5th deposit we proceed as follows;
A=p(1+r/100)^n
where;
A=future amount
p=principle
r=rate
n=number of years
thus substituting the values in our formula we get:
A=3,100(1+8.5/100)^5
A=3,100(1+0.085)^5
A=3100(1.085)^5
A=4,666.34
The amount of money after 5 years will be $4,666.24
Ok im here to help the answer is B 16x + 9 = 4x
Answer:
x=15
Step-by-step explanation:
i just know its right
<span>P=2,500</span><span>females=f</span><span>males=f+<span>240</span></span>
Find the length of MN by setting up a ratio:
Let MN = X
X/18 = 5/6
Cross Multiply:
6x = 90
Divide both sides by 6:
x = 15
Now you know MN add it to LM for the total length of LN:
15 + 5 = 20
