Answer:
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Amount =$48003.20
Step-by-step explanation:
Here apply the compound interest formula;
where;
P=Principal amount invested = $37500
r=rate of interest as a decimal, 2.5% =0.025
n=number of compounding per year=1
t=time period the amount in invested=10
In our case, the amount after investing will be;
Interest earned after the period= $48003.20-$37500 =$10503.20
Learn More
Compound Interest formula application: brainly.com/question/7014337
Keywords: inherit, sum, money, interest
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Answer:
(1, 3)
General Formulas and Concepts:
<u>Pre-Algebra</u>
Order of Operations: BPEMDAS
- Brackets
- Parenthesis
- Exponents
- Multiplication
- Division
- Addition
- Subtraction
Equality Properties
- Multiplication Property of Equality
- Division Property of Equality
- Addition Property of Equality
- Subtraction Property of Equality
<u>Algebra I</u>
- Coordinates (x, y)
- Solving systems of equations using substitution/elimination
Step-by-step explanation:
<u>Step 1: Define Systems</u>
y = 3
y = -3x + 6
<u>Step 2: Solve for </u><em><u>x</u></em>
- Substitute in <em>y</em>: 3 = -3x + 6
- [Subtraction Property of Equality] Subtract 6 on both sides: -3 = -3x
- [Division Property of Equality] Divide -3 on both sides: 1 = x
- Rewrite/Rearrange: x = 1
<u>Step 3: Solve for </u><em><u>y</u></em>
- Define original equation: y = -3(1) + 6
- Multiply: y = -3 + 6
- Add: y = 3
Answer:
its 375
Step-by-step explanation:
I think you forgot to put an image, attach a new one with the questions.
