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Tanzania [10]
3 years ago
11

If 2000 is placed into a bank account that pays 3% compound interest per year how much will be in the account after 2 years

Mathematics
1 answer:
Margarita [4]3 years ago
5 0

Answer:

Account Balance = Principal x (1 + interest rate (decimal)) number of years, compounded annually.

Step-by-step explanation:

This is based on the information provided: 2121.80 (1.03)2 = 2000 So, on your initial deposit of 2000, you can collect 121.80 in interest after two years.

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Records indicate that x years after 2008, the average property tax on a three bedroom home in a certain community was T(x) =20x^
dem82 [27]

Answer:

a) 40 dollars

b) 480 dollars

Step-by-step explanation:

Given the average property tax on a three bedroom home in a certain community modelled by the equation T(x) =20x²+40x+600, the rate at which the property tax is increasing with respect to time in 2008 can be derived by solving for the function T'(x) at x=0

T'(x) = 2(20)x¹ + 40x° + 0

T'(x) = 40x+40

At x = 0,

T'(0) = 40(0)+40

T'(0) = 40

Hence the property tax was increasing at a rate of 40dollars with respect to the initial year (2008).

b) There are 4 years between 2008 and 2012. To know how much that the tax change between the years 2008 and 2012, we will find T(4) - T(0)

Given T(x) =20x²+40x+600

T(4) =20(4)²+40(4)+600

T(4) = 320+160+600

T(4) = 1080 dollars

Also T(0) =20(0)²+40(0)+600

T(0) = 0+0+600

T(0)= 600 dollars

T(4) - T(0) = 1080 - 600

T(4) - T(0) = 480 dollars

Hence, the tax has changed by $480 between 2008 and 2012

6 0
4 years ago
It costs $2.50 to rent bowling shoes. Each game costs $2.25. You have $9.25. Write and solve an equation to find how many games
Zinaida [17]
The equation is 2.25x2.50.
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7 0
4 years ago
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poizon [28]
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Volume of a cube = (side length)³ = (3)³ = 27

Answer:
27

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3 years ago
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hoa [83]

Answer: Altitude!!!

Step-by-step explanation:

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