Answer: $4,365.10
Step-by-step explanation:
Ok, we know that:
The account starts with $2350
There is a simple interest of 3.75% (or 0.035).
Then after one year, the amount in the account will increase by 3.75%, this means that the amount will be:
$2350 + 0.035*$2350 = (1.035)*$2350.
After another year, we have the same increase (but applied to the new amount in the account):
(1.035)*$2350 + 0.035*(1.035)*$2350. = (1.035)^2*$2350
And so on.
You already can see the pattern here, the amount of money in the saving account after N years will be:
M(N) = $2350*(1.035)^N.
Now we can answer:
what is the balance of the account if it earns a simple interest of 3.75% for 18 years?
Just replace N by 18 in that equation:
M(18) = $2350*(1.035)^18 = $4,365.10
Answer: dowel is 24.5 long
Step-by-step explanation:
If Lana cuts 2 pieces of every 7 inches from dowel that means each piece is of 3.5 inches, and she needs total 7 pieces for a project so;
3.5*7=24.5
The original price would be $92.38
.25(73.90)=18.475
18.475+73.90 would be 92.38
A) It is a right angle triangle.
