Melinda invested $1000 in a retirement account. The formula below shows the amount of money, A, that will be in her account at the end of t years. A = 1000(1 + r)' In the formula, r is the interest rate, expressed as a decimal. Melinda's account has an interest rate of 6%. Which of the following is closest to the amount that will be in Melinda's account at the end of 2 years? O $1120 O $1360 O $1124 O $1256

Q: John has invested $1200 into an account at 2% interest semiannually, what will his future valu be…

A: topic - compound interest

Q: Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4 years.

A: To Calculate the amount of interest on an investment of AED 160,425 at 8% simple interest for 4…

Q: Sarah invests $4848 in a savings account with an annual interest rate of 5% compounded 2 times per…

A:

Q: lan's new BMW cost him $75,000. From the moment he drives it off the lot, it will depreciate by 15%…

A: Write a function that models the car depreciation use x for 6 years and Y for value of a car In…

Q: Start working with a savings account with a quarter in it and your boss doubles it each day for…

A:

Q: Suppose you deposit $2000 at 9% interest compounded continously. Find the average value of your…

A:

Q: $5000 is invested in a stock that returns getting 8% compounded monthly. how much interest will be…

A:

Q: sam deposits 150 in a savings account and earns 6% compounded monthly will she have enough savings…

A: Follow the steps.

Q: In 1 year, you will be paid $1.Will the PV increase or decrease if the interest rate goes up?

A:

Q: A man borrows 2000 TL and agrees to pay his creditor 800 TL at the end of 4 years and a final…

A:

Q: For her 2nd birthday claudias parents invested $9,000.00 in an 13 year certificate for her that pays…

A: Given  Principal = $9000.00 rate = 7% compounded every 2 months time = 13 year

Q: How much should Allyson put into 6% saving account in order to have Php. 100,000.00 in 5 years?

A:

Q: How much interest is earned on an initial investment of $700 with a 5 % annual rate for 2 years?

A:

Q: 20 years as two decades.  Explain why the inflation rate from 1990 to 2010 is not just the sum of…

A: Inflation Rate: The inflation rate is the rate at which the value of the currency falls and the…

Q: Suppose you decide to give up your weekly trip to Amy’s ice cream and instead deposit the $12 you…

A:

Q: We put $500 in an account earning interest compounded continously. What interest rate do we need if…

A:

Q: Johnson placed $15,000 into his credit union account paying 7% compounded semiannullay. How much…

A:

Q: Mr. Rashid borrowed Rs. 20000 from Habib Bank to be paid back after 3 years at 6% per annum…

A: Calculate Amount and interest paid

Q: If you put $500 in a bank for 5 years and earn $75 in interest, the interest rate is 4%. O True O…

A:

Q: A family has 100,000 in the bank. They want to withdraw 8,000 every year for as long as necessary.…

A: the family  can made 12 regular withdrawals of 8000 every year.

Q: City Wide Delivery Service uses vans costing $24,800 each. How much will the have to invest today to…

A:

Q: Suppose you want to have $500,000 for retirement in 20 years. Your account earns 4% interest. How…

A:

Q: Richard invests $205.42 every month into his retirement. At the end of 30 years, he has a balance of…

A: ANSWER :

Q: If the amount that $1000 will purchase is only $930 after 2 years, what was the average inflation…

A: The amount A that $P will purchase after n years if the inflation averages a rate of r over n years…

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.