The money in the Felix's account will be $6798 when he is 21.
<u>Step-by-step explanation:</u>
It is given that,
- The amount deposited is $2000.
- The account earns 6% compound interest.
- It is compounded annually for 21 years.
<u>To find the money in Felix's account after 21 years :</u>
The formula used here is,
⇒ 
where A is the amount after 21 years.
- P is the initial amount deposited ⇒ P = 2000
- r is the rate ⇒ r = 0.06
- n is the number of times interest is compounded per year⇒ n = 1
- t is the time period ⇒ t = 21
⇒ 
⇒ 
⇒ 
⇒ 
Therefore, The money in the Felix's account will be $6798 when he is 21.
Let m and j be the current ages of Matthew and Jenny, respectively.
Now, Matthew is 3 times as old as Jenny, so the variables are in the following relation:

In 7 years, both of them will be 7 years older, i.e. their ages will be m+7 and j+7, and Matthew will be twice as old:

Now, remembering that m=3j, we can rewrite the second equation as

So, Jenny is 7 and Matthew is 21 (he's 3 times older).
In fact, in 7 years, they will be 14 and 28, and Matthew will be twice as old.
N/A
Step-by-step explanation: Just pay attention Haden
Answer:
x = 2
Step-by-step explanation: