Answer:
Step-by-step explanation:
Step one: Subtract $15 - $5.50 = $9.50
<span>Step two: divide $9.50 ÷ $15 = .633 (rounded) </span>
<span>Step three: Multiply .633 * 100 to change it to a percent. It becomes 63.3% (rounded) </span>
<span>The decrease is 63.33% </span>
<span>Proof: $15 * .63333 = $9.50 </span>
<span>Subtract $15 - $9.50 = $5.50
does this help??</span>
$2835.56 is the closest amount to the balance of the account at the
end of 2 years
Step-by-step explanation:
The formula for compound interest, including principal sum is
where:
- A is the future value of the investment/loan, including interest
- P is the principal investment amount (the initial deposit or loan amount)
- r is the annual interest rate (decimal)
- n is the number of times that interest is compounded per unit t
- t is the time the money is invested or borrowed for
Mr. Wilkins deposited $2,500 in a new account at his bank.
The bank pays 6.5% interest compounded annually on this account.
Mr. Wilkins makes no additional deposits or withdrawals
We need to find the closest amount to the balance of the account at
the end of 2 years
∵ P = $2,500
∵ r = 6.5% = (6.5/100) = 0.065
∵ n = 1 ⇒ compounded annually
∵ t = 2
Substitute all of these value in the formula above to find A
∵
∴
∴ A = $2835.56
$2835.56 is the closest amount to the balance of the account at the
end of 2 years
Learn more:
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Answer:
it would be C. Either the IQR or the range are good measures of variability because the distribution has no outliers
Step-by-step explanation:
Answer:
Expanded expression of the area of the rectangle = 10x² - 4x + 6 square units
Step-by-step explanation:
Area of a rectangle = Length × Width
Area of the rectangle = 2 × (5x² - 2x + 3)
= 2 × 5x² - 2× 2x + 2×3
= 10x² - 4x + 6 square units