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bamagirl3871
19.05.2021 •
Mathematics
The national interest rate for savings accounts is 0.04%. I put $2,000 in my savings account for 40 years. How much interest will I earn?
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Ответ:
$32.25
Step-by-step explanation:
Assuming this is compound interest, the value of the investment after a period of time can be calculated with the future value formula:
Value = Investment * ( 1 + rate) ^ no. of periods
Value ₄₀ = 2,000 * ( 1 + 0.04%)⁴⁰
Value ₄₀ = $2,032.25
Interest earned = Value at 40 years - Initial investment
= 2,032.25 - 2,000
= $32.25
Ответ:
x = -2
y = 2
Step-by-step explanation:
3x - 4y = -14 (I)
3x + 2y = -2 (II)
Multiply equation (II) by (-1) and then add. Now, x will be eliminated and you can find the value of y
(I)*(-1) -3x + 4y = 14
(II) 3x + 2y = -2 {Now, add}
6y = 12
y = 12/6
y = 2
Plugin y = 2 in equation (I)
3x - 4*2 = -14 {Add 8 to both sides}
3x - 8 = -14
3x = - 14 + 8
3x = -6 {Divide both sides by 3}
x = -6/3
x = -2