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:
ok so the answer is d = 24
Step-by-step explanation:
happy to hellp!
Answer:
-12°F
Step-by-step explanation:
2 P.M
-35° F + 29° F= -6° F
The temperature had risen by 29°F meaning it went up by 29.
Adding negative 35 and positive 29 is the same as subtracting 35 from 29.
29 - 35 = -6
6 P.M
-6° F - 18°F = -12°F
The temperature had fallen by 18°F meaning it went down by 18°F.
p.s don't forget the label °F
Answer:
868.065
Step-by-step explanation:
198.040 ÷ 98.1 + 100 x 4.3
= 2.0188 + 100 x 4.3
= 201.8756 x 4.3
= 868.065
Answer:
156.25% =P
Step-by-step explanation:
Is means equals and of means multiply
50 = P * 32
Divide each side by 32
50/32 = 32P/32
1.5625= P
Now we need to change it to percent form by multiplying by 100%
1.5625 * 100% = P
156.25% =P
