Answer:
The total amount after 2 years of Joann's investment at a rate of 6% compounded annually is US$ 48.314.80 (rounded to the nearest cent)
Step-by-step explanation:
1. Let's review the data given to us for answering the question:
Investment amount = US$ 43,000
Duration of the investment = 2 years
Annual interest rate = 6% compounded annually
2. Let's find the future value of this investment after 2 years, using the following formula:
FV = PV * (1 + r) ⁿ
PV = Investment = US$ 43,000
number of periods (n) = 2 (2 years compounded annually)
rate (r) = 6% = 0.06
Replacing with the real values, we have:
FV = 43,000 * (1 + 0.06) ²
FV = 43,000 * (1.06) ²
FV = 43,000 * 1.1236
FV = US$ 48.314.80
-x-7=-12
Solve the equation using the balance method
SOLVE THE EQUATION.
WILL GIVE BRAINLIST AND THANKS
Answer:
x = -5
Step-by-step explanation:
-9(x+3) = -9x-27
Add 27 onto both sides and get -9x = 45
Divide -9 on both sides and you'll see that x = -5 because 45/-9
Answer: X=-5 distribute the -9 to x and 3 move the 3 over to the 18 and - 18-3 then dived -9x/15