2 years ago

Evaluate the expression. (13^2 - 12^2) ÷ 5

Mathematics

1 answer:

otez555 [7]2 years ago

5 0

Answer:

5

Step-by-step explanation:

(13^2 - 12^2) ÷ 5

(169 - 144) ÷ 5

25 ÷ 5

5

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It will take 19 years and 6 months for the account value to reach 2900 dollars

Step-by-step explanation:

Given

Principal amount = 1400 dollars

Rate = 5.5 %

Final value = A = 2900

We have to find t

So,

The formula for simple interest is:

$A = P(1+rt)$

Putting values

$2900 = 1400(1+0.055.t)\\\frac{2900}[1400} = 1+0.055t\\2.071 = 1+0.055t\\2.071-1=0.055t\\1.071 =0.055t$

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Rounding off to nearest tenth

19.5 years

Hence,

It will take 19 years and 6 months for the account value to reach 2900 dollars

Keywords: Interest, simple interest

Learn more about interest at:

#LearnwithBrainly

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3 years ago

Evaluate the expression. (13^2 - 12^2) ÷ 5​

Evaluate the expression. (13^2 - 12^2) ÷ 5