Answer:
$57,369
Step-by-step explanation:
We have been given that an amount of $53,000 is placed in an investment account that grows at a fixed rate of 2% (compound growth) per year. We are asked to find the amount in the account after 4 years.
To solve our given problem we will use compound interest formula.\
, where,
A = Final amount after t years,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.
Let us convert our given rate in decimal form.

Upon substituting our given values in compound interest formula we will get,





Therefore, an amount of $57,369 will be in the account after 4 years.
Hi!
We will solve this using ratios, like this:
4 1/2 = 4,5 kg of olive oil for 27 $
1 kg of olive oil for x $
_____________________________
x = (27*1)/4,5
x = 27/4,5
x = 6 $ per kilogram
Hope this helps!
Answer:
The difference between the area of Texas and Rhode Island in square miles and scientific notation = (2.68 × 10⁵) square miles.
Step-by-step explanation:
Area of Texas = (2.69 × 10⁵) square miles = 269000 square miles
Area of Rhode Island = (1.21 × 10³) square miles = 1210 square miles
Difference between the Area of the Texas and Rhode Island = 269000 - 1210 = 267,790 square miles = (2.68 × 10⁵) square miles.
The difference between the area of Texas and Rhode Island in square miles and scientific notation = (2.68 × 10⁵) square miles.
Hope this Helps!!!
10500-4500=6000
6000/250=24
So the answer is 24 months, or 2 years.