Then the amount of money will he have in his account after 10 years will be $7,454.16. Then the correct option is B.
<h3>What is compound interest?</h3>
Compound interest is the interest on a loan or deposit calculated based on the initial principal and the accumulated interest from the previous period.
Miguel deposits $5000 in an account earning 4% interest compounded monthly.
Then the amount of money will he have in his account after 10 years will be
We know the compound interest formula.
Where
A = amount
P = principal
r = rate of interest
t = time period (in year)
Then we have
More about the compound interest link is given below.
brainly.com/question/25857212
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Answer:
<h2>
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<em><u>2.</u></em><em><u>(</u></em><em><u>not</u></em><em><u> </u></em><em><u>a</u></em><em><u> </u></em><em><u>function</u></em><em><u> </u></em><em><u>and</u></em></h3>
<em><u>3</u></em><em><u>.</u></em><em><u>(</u></em><em><u>function and linear</u></em><em><u>)</u></em>
Step-by-step explanation:
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Answer:
Step-by-step explanation:
Compare the ratios of the triangles like so:
Bigger to smaller
This statement is true. Both fractions simplified are equal to 1.5. Since they have the same ratios, they should be similar.
We will see that the price of the bike helmet without the tax is $50
<h3>
How to find the original price?</h3>
Let's define P as the original price, this is the 100%.
We know that a tax rate of the 9% is equal to $4.50, then we can write two equations:
100% = P
9% = $4.50
We can take the quotient between these two equations and solve that for P, we will get:
(100%/9%)*$4.50 = P = $50
So the price of the helmet, without tax, is $50.
If you want to learn more about taxes, you can read:
brainly.com/question/14345924
