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Tamiku [17]
2 years ago
11

Can you answer these plz?

Mathematics
1 answer:
xxMikexx [17]2 years ago
7 0

Answer: the answer is d

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Minchanka [31]
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At the beginning of year 1, Josie invests $400 at an annual compound interest
zvonat [6]

Answer:

The explicit formula that can be used is A=\$400(1.05)^{2}

The account's balance at the beginning of year 3 is A=\$441  

Step-by-step explanation:

we know that    

The compound interest formula is equal to  

A=P(1+\frac{r}{n})^{nt}  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

n is the number of times interest is compounded per year

in this problem we have  

t=2\ years\\ P=\$400\\ r=0.05\\n=1  

substitute in the formula above  

A=\$400(1+\frac{0.05}{1})^{1*2}  

A=\$400(1.05)^{2}

A=\$441  

3 0
3 years ago
Find the tax on a dinette set with a cash price of $200 that has been reduced by 20% if the tax rate is 6.5%.
Xelga [282]
$200 - 20% savings equals $160 total price
Tax is 6.5%

160X.065 = $10.40 for tax
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