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2 years ago

Per

1 answer:

4 0

Using the compound interest formula, the amount of money in the man's bank account in the second year is $100352

The compound interest relationship is computed using the relation :

Final amount = P(1 + r)^t

P = principal ; r = interest rate ; t = period

Plugging the values into the formula :

Final amount = 80000(1 + 12%)²

Final amount = 80000(1 + 0.12)²

Final amount = 80000(1.12)²

Final amount = $100352

Therefore, the final amount in the second year is $100352

Learn more : brainly.com/question/18112348

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ikadub [295]

A) The age of Theresa is 10 years 6 months old

B) Jonathan age is 24 years and 6 months old

Solution:

Given, Theresa is 14 years younger than her brother Jonathan.

Let the age of Theresa be "n" years

Then the age of Jonathan will be "n + 14" years

Together, their total age in years is 35

A) Finding age of Theresa:

Jonathan age + Theresa age = 35

n + 14 + n = 35

2n + 14 = 35

2n = 35 - 14

2n = 21

n = 10.5

So, age of Theresa is 10 years 6 months

B) Finding age of Jonathan

Now, we know that n = 10.5

Then Jonathan age = n + 14 = 10.5 + 14 = 24.5 years

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