Compound interest means that the interest earned each year is added to the principal meaning that future interest is earned from the original amount + past interest.
In this case, it is NOT compounded meaning that we just have to find how much interested is earned in a year and multiply it by 5 years.
8% of $460 is 460*0.08 = 36.8
36.8*5 = 184
The answer is C) $184.00
The following steps of solving for the roots of 2x² - 4x -3 = 0 were retrieved from another source
Step 1 2x² - 4x = 3
Step 2 2(x² - 2x) = 3
Step 3 2(x² - 2x + 1) = 3 + 1
Step 4 2(x - 1)² = 4
From this, we can see that on Step 3, Tran made a mistake of adding 1 to 3. As we can see, 2(x² - 2x + 1) = 2x² - 4x + 2. That means, instead of adding 1, it should have been 2.
Therefore, the step that Tran first made an error is Step 3<span>.</span>
Answer: The total interest paid on the mortgage is $179550
Step-by-step explanation:
The initial cost of the property is $300000. If he deposits $30000, the remaining amount would be
300000 - 30000 = $270000
Since the remaining amount was compounded, 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 = 270000
r = 2% = 2/100 = 0.02
n = 12 because it was compounded 12 times in a year.
t = 25 years
Therefore,
A = 270000(1+0.02/12)^12 × 25
A = 270000(1+0.0017)^300
A = 270000(1.0017)^300
A = $449550
The total interest paid on the mortgage is
449550 - 270000 = $179550
Equation: y = 52c + 39w
Plug in 5 for c and 10 for w
52(5) + 39(10) = 260 + 390 = 650 calories
Depends how many ounces each burger is made with
