To find the total amount, you will use the formula for finding compounded interest. This means you will be paid interest on top of the interest you have earned each year.
A = P(1 + r)^nt
P stands for the principal.
r is the interest rate when compounded annually
nt is the number of years
A = 17.50(1 + 0.04)^25
A = $46.65
This person would have $46.65 after 25 years.
Answer:
It would probably be 15 actually
Answer:
35
Step-by-step explanation:
Answer:
First one: x = all real numbers
Second one: x = 0
Step-by-step explanation:
for the first one
given 8x+10=2(4x+5) we need to isolate the variable (x) using inverse operations
step 1 distribute the 2 to what is in the parenthesis ( 4x and 5 )
2 * 4x = 8x
5 * 2 = 10
now we have 8x + 10 = 8x + 10
step 2 subtract 8x from each side
8x - 8x = 0
8x - 8x = 0
now we have 10 = 10
subtract 10 from each side
10 - 10 = 0
10 - 10 = 0
we're left with 0 = 0 meaning that all real numbers are solutions
For the second one
given 3x-8=2(x-4) once again we need to isolate the variable using inverse operations
step 1 distribute the 2 to what is in the parenthesis (x - 4)
2 *x = 2x
2 * -4 = -8
now we have 3x - 8 = 2x - 8
step 2 add 8 to each side
-8 + 8 = 0
-8 + 8 = 0
now we have 2x = 3x
step 3 subtract 2x from each side
3x - 2x = x
2x - 2x = 0
we're left with x = 0
