Akmmy
20.09.2020 •
Mathematics
Your laptop died and you need a new one for work NOW! The one you need will cost $500. You do not have the cash in your checking account, so you decide to borrow the money from your savings account. You have $9,000 in your savings account gaining 3% interest per year. If you don't replace the $500 in the savings account, how long will it take before the balance again reaches $9,000?
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Ответ:
2 years
Step-by-step explanation:
If you have $9000 in the saving account, and you take $500, you are left with:
$9000 - $500 = $8500
in one year you will have 3% more of the 8500 which is:
8500/100*3 = $255
so in one year the number on your savings account is:
8500 + 255 = $8755
and by the next year you will have 3% more of the 8755 which is:
8755/100*3 = $262.65
so in two years the number on your savings account is:
8755 + 262.65 = $9017.65
which is a little bit more than the $9000.
so it will take 2 years until the calance again reaches $9000
Please mark braniliest if this reaches 2 answers because I want to get to Expert ;w;
Ответ:
this one is a glitch in khan academy its broken
Step-by-step explanation: