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Ainat [17]
2 years ago
13

Find the total amount in the compound interest account.

Mathematics
1 answer:
r-ruslan [8.4K]2 years ago
6 0

The final balance is $64,599.38.

The total compound interest is $55,599.38.

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Mr. Keller bought a car for $20,000. A study shows that a car will depreciate (go DOWN in value) by 15% each year. How much is M
Schach [20]
A: the formula would be f(x) = P(R) ^T or f(x) = Principle(rate)^time

B: f(x) = 20,000(0.85)^5  

C: = 8,874.10625

D: Yes, the final answer makes sense compared to the origional cost of the car in relation to the formula. As well, time decreases the value of a car, so for the cost to be so low only makes sense due to the cars decrease in value or an extended and elongated amount of time. 

E: You can solve this equation graphically by plotting th point at 20,000 and then taking 85% of 20,000 and plotting it each time until you get to the fifth year.

5 0
3 years ago
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How do you solve (7-2)/5 step by step
gtnhenbr [62]
7 - 2 = 5

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3 0
3 years ago
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(10 points for the answer)<br><br> y=
Nat2105 [25]
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5 0
2 years ago
What is -5/4 to the 2nd power?
Vsevolod [243]

Answer:

\frac{25}{16}

Step-by-step explanation:

(-\frac{5}{4})^2\\\\ \text {Apply power of a fraction rule: } (\frac{a}{b})^x=\frac{a^x}{b^x}\\\\(-\frac{5}{4})^2 = \frac{-5^2}{4^2}=\frac{25}{16}\\\\\boxed{(-\frac{5}{4})^2=\frac{25}{16}}

8 0
3 years ago
What is the least common multiple of both 9 and 12
Crank
LCM is found by finding the factors of both and making sure that both are inthere
9=3 times 3
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common one is 3
so we have to have at least 2 threes and 2 twos
2 times 2 times 3 tiimes 3=36
answer is 36
3 0
3 years ago
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