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otez555 [7]
3 years ago
13

A grandmother deposited $4,000 in an account that pays 5% per year compounded annually when her granddaughter was born. What wil

l the value of the account be when the granddaughter reaches her 13th birthday?
Mathematics
1 answer:
Leya [2.2K]3 years ago
4 0
A = P (1 + r/n)^nt
A = 4000(1 + 0.05/1)^(13)(1)
A = $7542.59
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BigorU [14]

Answer:

\large\boxed{\dfrac{7n}{30}=\dfrac{7}{30}n}

Step-by-step explanation:

\dfrac{2n}{5}+\left(-\dfrac{n}{6}\right)=\dfrac{2n}{5}-\dfrac{n}{6}

To subtract both fractions we need a common denominator.

LCD=(5)(6)=30

\dfrac{2n}{5}=\dfrac{2n\cdot6}{5\cdot6}=\dfrac{12n}{30}\\\\\dfrac{n}{6}=\dfrac{n\cdot5}{6\cdot5}=\dfrac{5n}{30}

Therfore

\dfrac{2n}{5}-\dfrac{n}{6}=\dfrac{12n}{30}-\dfrac{5n}{30}=\dfrac{12n-5n}{30}=\dfrac{7n}{30}=\dfrac{7}{30}n

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