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gogolik [260]
2 years ago
11

Your deposit $1000 in an account that earns 2.5% annual interest. Find the balance after 2 years if the interest compounds with

the given frequency.
​
Mathematics
1 answer:
BaLLatris [955]2 years ago
8 0

Answer:

34%

Step-by-step explanation:

3+3+3+3+3+3+3+35%

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6/100 heueheehhehehhehrhrru
Shalnov [3]

Answer:

0.06

Step-by-step explanation:

6/100 is 0.06

4 0
2 years ago
write a division problem that will have a 2 digit quotient and another division problem that will have a 3 digit quotient
Nutka1998 [239]
10 divided by 5 equals 2 9 divided by 3 equals 3
8 0
3 years ago
What is the equation of a line that is perpendicular to −x+2y=4 and passes through the point (−2, 1) ? Enter your equation in th
ANTONII [103]
Perpendicular lines have slopes that multiply to get -1
y=mx+b is the slope intercept equation
m=slope

so get into y=mx+b form
-x+2y=4
solve for y
add x both sides
2y=x+4
divide by 2 both sides
y=(1/2)x+2
the slope is 1/2

perppendicular line slope multiplies to -1
1/2 times what=-1
times 2/1 both sides
what=-2/1=-2

y=-2x+b
find b
we are given a point is (-2,1)
when x=-2, y=1
1=-2(-2)+b
1=4+b
minus 3 both sides
-3=b

so the equation is
y=-2x-3

your teacher might want it in standard form (ax+by=c) so
add 2x both sides
2x+y=-3 is an equation


so y=-2x-3 is correct (slope intercept form)
2x+y=-3 is also correct (standard form)
6 0
2 years ago
I literally don't know how to figure this out i haven't done this in ages. Help please
Hitman42 [59]
We begin with an unknown initial investment value, which we will call P. This value is what we are solving for.

The amount in the account on January 1st, 2015 before Carol withdraws $1000 is found by the compound interest formula A = P(1+r/n)^(nt) ; where A is the amount in the account after interest, r is the interest rate, t is time (in years), and n is the number of compounding periods per year.

In this problem, the interest compounds annually, so we can simplify the formula to A = P(1+r)^t. We can plug in our values for r and t. r is equal to .025, because that is equal to 2.5%. t is equal to one, so we can just write A = P(1.025).

We then must withdraw 1000 from this amount, and allow it to gain interest for one more year.

The principle in the account at the beginning of 2015 after the withdrawal is equal to 1.025P - 1000. We can plug this into the compound interest formula again, as well as the amount in the account at the beginning of 2016.

23,517.6 = (1.025P - 1000)(1 + .025)^1
23,517.6 = (1.025P - 1000)(1.025)

Divide both sides by 1.025

22,944 = (1.025P - 1000)

Add 1000 to both sides

23,944 = 1.025P

Divide both by 1.025 for the answer

$22,384.39 = P. We now have the value of the initial investment.

8 0
2 years ago
HELP FAST PLEASE!!!
Harman [31]

Step-by-step explanation:

If you mean 7⁶, the exponent is 6. (A)

When written as a^m, a is a number and m is the exponent.

3 0
2 years ago
Read 2 more answers
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