I need help with the first questions!!
1 answer:
You might be interested in
Hello!
Lynne invested 35,000 into an account earning 4% annual interest compounded quarterly she makes no other deposits into the account and does not withdraw any money. What is the balance of Lynne's account in 5years
Data:
P = 35000
r = 4% = 0,04
n = 4
t = 5
P' = ?
I = ?
We have the following compound interest formula
So the new principal P' after 5 years is approximately $42,706.66.
Subtracting the original principal from this amount gives the amount of interest received:
________________________
I Hope this helps, greetings ... Dexteright02! =)
Answer:
Second option:
Step-by-step explanation:
Let be "x" the number of candy bars Brady sold on Saturday.
For this exercise you need to analize the information provided in the exercise.
According to the information provided, Brady gets paid $2 for every candy bar he sells. This can be expressed as:
You know that Brady made a total of $90 on Saturday; this mean the product of is 90.
Based on this, you can write the following equation that represents the number of candy bars Brady sold on Saturday:
Observe that this matches with the second option.