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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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2 years ago
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A phone company offers two packages of service. Package A is $35.00 per month with an additional charge of $0.15 per minute for
ella [17]

Answer: 200 minutes have to be used for the costs of both plans to be the same.

Step-by-step explanation:

Let x represent the number of minutes that have to be used for the costs of both plans to be the same.

Package A is $35.00 per month with an additional charge of $0.15 per minute for long distance. This means that the cost of using package A for x minutes in a month would be

35 + 0.15x

Package B is $45.00 per month with an additional charge of $0.10 per minute for long distance. This means that the cost of using package A for x minutes in a month would be

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For both costs to be the same, it means that

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0.15x - 0.1x = 45 - 35

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3 0
3 years ago
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Gnoma [55]
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Whats the difference between linear equations and quadratic equation
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Step-by-step explanation:

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