Answer: $187 will be in the account after 6 years.
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $100
r = 11% = 11/100 = 0.11
n = 1 because it was compounded once in a year.
t = 6 years
Therefore,.
A = 100(1 + 0.11/1)^1 × 6
A = 100(1 + 0.11)^6
A = 100(1.11)^6
A = $187
Answer:
13 and 27
Step-by-step explanation:
y= x+14
x+y=40
x+ x+14=40
2x+14=40
40-14=26
so, 2x=26
26/2
=13
so, x=13 and
and y equal 40-13
y=27
Answer:
17,37
Step-by-step explanation:
one number = x
The positive number = 2x + 3
x * (2x+3) = 629
x*2x + x *3 = 629
2x² + 3x - 629 = 0
2x² - 34x + 37x - 17*37 =0
2x*(x -17) + 37(x - 17) = 0
(x - 17)(2x + 37) = 0
x - 17 = 0 ; Ignore 2x + 37 as s is a positive number
x = 17
Positive number = 2*17 +3 = 34+3 = 37
Answer:
Step-by-step explanation:
