Solution
Derek deposited 7, 615 in an account earning 10% interest compounded annually.To the nearest cent, how much interest will he earn in 2 years?
Solution
Solution steps
Translate the problem into an equation:
Solve for
Popular Examples
write a function that represents the situation . A stock valued at \$100 decreases in value by 9.5% each yeara number decreased by the sum of the number and sevenThe diameter of a circle is 17 m. Find its circumference in terms of pipi.AnswerThe denominator of a certain fraction exceeds twice the numerator by 4. If the numerator is increased by 14 and the denominator is decreased by 9, the value of the resulting fraction is the multiplicative inverse of 3/7 . What is the fraction.three consecutive integers add up to 279