The initial amount of money that is deposited into an account or that is borrowed is called what

Mathematics

2 answers:

Mariulka [41]3 years ago

8 0

Answer:

Step-by-step explanation:

zubka84 [21]3 years ago

7 0

Answer: In the context of borrowing, principal is the initial size of a loan or a bond (the amount the bond issuer must repay). In the context of investing, principal is the original sum committed to the purchase of assets—independent of any earnings or interest.

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tigry1 [53]

Answer:

3.14159265358979323846264338327952884197169393751

3 0

3 years ago

X2 + 5x - 50 = 0 <img src="https://tex.z-dn.net/?f=%20%7Bx%7D%5E%7B2%7D%20%20%2B%205x%20-%2050%20%3D%200" id="TexFormula1" ti

love history [14]

Answer:

x = -10

x = 5

Step-by-step explanation:

${x}^{2} + 5x - 50 = 0 \\ (x + 10)(x - 5) = 0 \\ \\ x = - 10 \\ x = 5$

8 0

2 years ago

Josiah invests $360 into an account that accrues 3% interest annually. Assuming no deposits or withdrawals are made, which equat

vlabodo [156]

Answer:

y = 360(1.03)x

Step-by-step explanation:

$F = P x (1 + i)^n$

F is the future worth, P is the present worth, I will be the interest rate, and n is the number of years. $F = ($360)(1.03)^x$

The principal amount of the money = $360

Annual rate of interest = 3%

Thus, the amount after x years which is increased by 3%.

Since, this amount represented by y,

The required equation that represents the amount of money in Josiah’s account, y, after x years is, $= 360(1+\frac{3}{100} )^x\\ = 360(1+0.03 )^x\\ = 360(1.03 )^x$