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donaldwilliams31
03.11.2020 •
Mathematics
You deposited $500 in a simple savings account that earns a simple interest rate of 4.5% each year. How many years do you leave the money in the account to earn and interest of $110.00
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Ответ:
The number of years to save this money is 5 years.
Step-by-step explanation:
Given;
principal, P = $500
rate, r = 4.5% = 0.045
interest, I = $110.00
time of investment, t = ?
Interest is related to rate, principal and time, by the following equation;
I = Prt
t = I / Pr
t = (110) / (500 x 0.045)
t = 5 years
Therefore, the number of years to save this money is 5 years.
Ответ:
It's rational because the height is a terminating decimal and the base is a repeating decimal.
Terminating decimals are rational and Repeating decimals are also rational making the area a rational number by default.
Hope I helped!