Compound interest show which two formulas you’re to use and solve the problems

1 You put 2000 dollars into an account that pays 4.75% interest compounded monthly. How much money will be in that account after 2 years? Round to the nearest cent.

2 You put 4300 dollars into an account that pays 4.3 percent interest compounded daily. How much money will be in that account at the end of one year? Round to the nearest cent.

3 You deposit 600 dollars into an account every quarter. The account earns 5% interest compounded quarterly. How much money is in the account after 5 years?

ilik

Step-by-step explanation:

ngger

ਮੁਆਫ ਕਰਨਾ ਮੈਨੂੰ ਬਿੰਦੂ ਚਾਹੀਦੇ ਹਨ

Step-by-step explanation:

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.

b: |12 – x| ≤ 0.25

step-by-step explanation:      

let x be the possible lengths in inches, of the ribbons jaime cut.

we have been given that jaime is cutting strips of ribbon for a project. he tries to cut each piece to be 12 inches long, but sometimes he cuts it too long or too short by as much as 0.25 inch.  

we can represent this information in an inequality as:

by the definition of absolute value function we will get,

upon combining our inequalities we will get,

therefore, the inequality   describes all the possible lengths (x), in inches, of the ribbons jaime cut.

step-by-step explanation: