A(t)=P(1+r)t
A = accrued amount = what you are solving for
P = principle investment = $400
r = rate of growth = 5% = 0.05
t = time = 10 years
A(10) = 400(1.05)10 (use calculator to solve)
A(10) ≈ 4,200
Evaluate the integral using integration by parts with the indicated choices of u and dv. (Use C for the constant of integration.) ∫4x2 lnx dx ; u= lnx , dv=4x 2dx
Take
[tex]u=\ln x\implies\mathrm du=\dfrac{\mathrm dx}x[/tex]
[tex]\mathrm dv=4x^2\,\mathrm dx\implies v=\dfrac43x^3[/tex]
Then
[tex]\displaystyle\int4x^2\ln x\,\mathrm dx=\frac43x^3\ln x-\frac43\int x^2\,\mathrm dx=\frac43x^3\ln x-\frac49x^3+C[/tex]
[tex]=\boxed{\dfrac49x^3(3\ln x-1)+C}[/tex]
The required integration is,
∫4x² lnx dx = (lnx) [(4/3)x³ + C₁] - (4/9)x³ + C
The given integral is,
∫4x² lnx dx
Using integration by parts, choose u and dv.
In this case, we choose u = lnx and dv = 4x²dx.
Using the formula for integration by parts, we have:
∫ u dv = uv - ∫ v du
Substituting the values of u and dv, we get:
∫4x² lnx dx = (lnx) (∫ 4x² dx) - ∫ [(d/dx)lnx] (∫4x² dx) dx
Simplifying the first term using the power rule of integration, we get:
∫ 4x² dx = (4/3)x³ + C₁
For the second term, we need to evaluate (d/dx)lnx,
Which is simply 1/x. Substituting this value, we get:
∫ [(d/dx)lnx] (∫4x² dx) dx = ∫ [(1/x) ((4/3)x³ + C₁)] dx
Simplifying this expression, we get:
∫4x² lnx dx = (lnx) [(4/3)x³ + C₁] - ∫ [(4/3)x³/x] dx
Using the power rule of integration again, we get:
∫4x² lnx dx = (lnx) [(4/3)x³ + C₁] - (4/9)x³ + C
Where C is the constant of integration.
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The distribution of SAT scores is approximately normal with a mean of 1500.
If 1628 is the 90th percentile, what is the standard deviation?
Answer:
Hello,
Answer
[tex]\sigma=457,95...[/tex]
Step-by-step explanation:
p(z<a)=0.9
p(z<1.29)=0.9015
p(z<1.28)=0.8997
using linear interpolation: with 4 decimals
p(z<1.282)<0.9
[tex]\dfrac{1628-1500}{\sigma} =1.282\\\\\sigma =\dfrac{1628-1500}{1.282}\\\\\sigma=457,95...\\[/tex]
Adrianna has a court to play basketball with her friends.
The it is 600 square feet. It is 30 feet long. How many feet across is
court?
Answer:
Hey there!
The area of a rectangle is the length times width.
Thus, we can write the equation, 600=30w.
Solving for the width, we get that the width is equal to 20 ft.
Let me know if this helps :)
Answer:
20 feet across.
Step-by-step explanation:
You will have to do a simple equation solve.
x is how many feet across the court is.
* could be our multiplying sign
600 = 30*x
Now divide 30 on both sides. 30 will cross out (since 30/30 is 1 and anything times 1 is the same number as it was before) on the right side and 600/30 is 20 so we change the 600 to 20.
That leaves 20 = x.
So it is 20 feet across.
When conducting a hypothesis test concerning the population mean, and the population standard deviation is unknown, the value of the test statistic is calculated as __________.
Answer:
the value of the test statistic is calculated as "T - distribution" with the formula;
t = (x-bar - μ)/(s/√n)
Step-by-step explanation:
We are told that the standard deviation is unknown. But normally, we use a z-distribution if the standard deviation is known.
However, in a hypothesis test for a population mean where the population standard deviation is unknown is still conducted in the same way like we do when we know the population standard deviation. The only difference in this case is that we will use the t-distribution rather than the standard normal z-distribution.
The t-distribution formula used is;
t = (x-bar - μ)/(s/√n)
We have to accept or reject a large shipment of items. For quality control purposes, we collect a sample of 200 items and find 24 defective items. Construct a 95% percent confidence interval for the proportion of defective items in the whole shipment.
Answer:
A 95% confidence for the population proportion of defective items in the whole shipment is [0.075, 0.165] .
Step-by-step explanation:
We are given that for quality control purposes, we collect a sample of 200 items and find 24 defective items.
Firstly, the pivotal quantity for finding the confidence interval for the population proportion is given by;
P.Q. = [tex]\frac{\hat p-p}{\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] ~ N(0,1)
where, [tex]\hat p[/tex] = sample proportion of defective items = [tex]\frac{24}{200}[/tex] = 0.12
n = sample of items = 200
p = population proportion of defective items
Here for constructing a 95% confidence interval we have used a One-sample z-test statistics for proportions.
So, 95% confidence interval for the population proportion, p is ;
P(-1.96 < N(0,1) < 1.96) = 0.95 {As the critical value of z at 2.5% level
of significance are -1.96 & 1.96}
P(-1.96 < [tex]\frac{\hat p-p}{\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] < 1.96) = 0.95
P( [tex]-1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] < [tex]{\hat p-p}[/tex] < [tex]1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] ) = 0.95
P( [tex]\hat p-1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] < p < [tex]\hat p+1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] ) = 0.95
95% confidence interval for p = [ [tex]\hat p-1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] , [tex]\hat p+1.96 \times {\sqrt{\frac{\hat p(1-\hat p)}{n} } }[/tex] ]
= [ [tex]0.12-1.96 \times {\sqrt{\frac{0.12(1-0.12)}{200} } }[/tex] , [tex]0.12+1.96 \times {\sqrt{\frac{0.12(1-0.12)}{200} } }[/tex] ]
= [0.075, 0.165]
Therefore, a 95% confidence for the population proportion of defective items in the whole shipment is [0.075, 0.165] .
4 + 1n(x-1)=3 solve for x
[tex]\\ \sf \longmapsto 4+10(x-1)=3[/tex]
[tex]\\ \sf \longmapsto 4+10x-10=3[/tex]
[tex]\\ \sf \longmapsto 10x-6=3[/tex]
[tex]\\ \sf \longmapsto 10x=3+6[/tex]
[tex]\\ \sf \longmapsto 10x=9[/tex]
[tex]\\ \sf \longmapsto x=\dfrac{9}{10}[/tex]
What happens during a controlled experiment?
No observations are made.
A factor called a prediction is changed.
Many variables are changed at once.
The results of changing the independent variable are observed
Answer:
Step-by-step explanation:
The answer is that 1 variable is allowed to change. The others are held at a constant.
An example would be the growth of a poinsettia. These Christmas plants are very touchy. They respond badly to too much water or not enough water. So you keep the amount of dirt, the amount of sunlight, the amount of support that each plant receives as a constant.
The amount of water is what you change in one of the plants. The one plant (or a few) will measure the growth of the plant.
So the last answer is the one you want.
The domain of the following relation has how many elements?
[(1/2, 3.14/6), (1/2, 3.14/4), (1/2, 3.14/3), (1/2,3.14/2)]
a. 0
b. 1
c. 4
Answer:
b. 1
Step-by-step explanation:
All first coordinates are 1/2.
Answer: b. 1
purchased a book rs 500 sold 20%profit find its actual profit and sel
ling price
Answer:
Selling price=rs.600.
Profit of rs=100.
Step-by-step explanation:
C.P=500; profit%=20%
S.P.=100+profit%×C.P/100
S.P=120×500/100
=rs.600
S.P>C.P
Profit S.P-C.P
600-500=100
he gained for rs.100.
What should be subtracted from 13/(-56) to get 11/28
Answer:
-5/8
Step-by-step explanation:
13/ -56 -x = 11/28
Add 13/56 to each side
13/ -56 + 13/56 -x = 11/28+ 13/56
-x = 11/28 + 13/56
Get a common denominator
-x = 11/28 *2/2 +13/56
-x = 22/56 + 13/56
-x = 35/56
Divide top and bottom by 7
-x = 5/8
Multiply both side by -1
x = -5/8
 Solve each system by graphing.
9514 1404 393
Answer:
(x, y) = (4, -4)
Step-by-step explanation:
A graphing calculator makes graphing very easy. The attachment shows the solution to be (x, y) = (4, -4).
__
The equations are in slope-intercept form, so it is convenient to start from the y-intercept and use the slope (rise/run) to find additional points on the line.
The first line can be drawn by staring at (0, -2) and moving down 1 grid unit for each 2 to the right.
The second line can be drawn by starting at (0, 2) and moving down 3 grid units for each 2 to the right.
The point of intersection of the lines, (4, -4), is the solution to the system of equations.
charles is 22 years older than his sister danielle. in 10 years he will be twice as old as danielle. how old is each of them now?
9514 1404 393
Answer:
Charles: 34Danielle: 12Step-by-step explanation:
If Charles is 22 years older, he will be double Danielle's age when she is 22. If that is 10 years from now, Danielle is 12 and Charles is 34.
Subsets and Sets HELP
Attached is the photo reference
Answer:
(a) (C U D) = {k, m, y, z}
(b) C ∩ D = {z}
You sell tickets at school for fundraisers. You sold car wash tickets, silly string fight tickets and dance tickets – for a total of 380 tickets sold. The car wash tickets were $5 each, the silly sting fight tickets were $3 each and the dance tickets were $10 each. If you sold twice as many silly string tickets as car wash tickets, and you have $1460 total. Write the matrix in the box below. Write the solution set for this system and include any necessary work.
Answer:
Matrix :
[tex]\begin{bmatrix}1&1&1&|&380\\ 5&3&10&|&1460\\ -2&1&0&|&0\end{bmatrix}[/tex]
Solution Set : { x = 123, y = 246, z = 11 }
Step-by-step explanation:
Let's say that x represents the number of car wash tickets, y represents the number of silly sting fight tickets, and z represents the number of dance tickets. We know that the total tickets = 380, so therefore,
x + y + z = 380,
And the car wash tickets were $5 each, the silly sting fight tickets were $3 each and the dance tickets were $10 each, the total cost being $1460.
5x + 3y + 10z = 1460
The silly string tickets were sold for twice as much as the car wash tickets.
y = 2x
Therefore, if we allign the co - efficients of the following system of equations, we get it's respective matrix.
System of Equations :
[tex]\begin{bmatrix}x+y+z=380\\ 5x+3y+10z=1460\\ y=2x\end{bmatrix}[/tex]
Matrix :
[tex]\begin{bmatrix}1&1&1&|&380\\ 5&3&10&|&1460\\ -2&1&0&|&0\end{bmatrix}[/tex]
Let's reduce this matrix to row - echelon form, receiving the number of car wash tickets, silly sting fight tickets, and dance tickets,
[tex]\begin{bmatrix}5&3&10&1460\\ 1&1&1&380\\ -2&1&0&0\end{bmatrix}[/tex] - Swap Matrix Rows
[tex]\begin{bmatrix}5&3&10&1460\\ 0&\frac{2}{5}&-1&88\\ -2&1&0&0\end{bmatrix}[/tex] - Cancel leading Co - efficient in second row
[tex]\begin{bmatrix}5&3&10&1460\\ 0&\frac{2}{5}&-1&88\\ 0&\frac{11}{5}&4&584\end{bmatrix}[/tex] - Cancel leading Co - efficient in third row
[tex]\begin{bmatrix}5&3&10&1460\\ 0&\frac{11}{5}&4&584\\ 0&\frac{2}{5}&-1&88\end{bmatrix}[/tex] - Swap second and third rows
[tex]\begin{bmatrix}5&3&10&1460\\ 0&\frac{11}{5}&4&584\\ 0&0&-\frac{19}{11}&-\frac{200}{11}\end{bmatrix}[/tex] - Cancel leading co - efficient in row three
And we can continue, canceling the leading co - efficient in each row until this matrix remains,
[tex]\begin{bmatrix}1&0&0&|&\frac{2340}{19}\\ 0&1&0&|&\frac{4680}{19}\\ 0&0&1&|&\frac{200}{19}\end{bmatrix}[/tex]
x = 2340 / 19 = ( About ) 123 car wash tickets sold, y= 4680 / 19 =( About ) 246 silly string fight tickets sold, z = 200 / 19 = ( About ) 11 tickets sold
The height of the plant is given by the equation h = 0.5d + 4. Rewrite this as a function rule where f(x) is the height, in centimeters, and x is the time, in days. Use the rule to complete the table, and then use the drawing tools to create the graph representing this relationship.
Answer:
Here's what I get
Step-by-step explanation:
h = 0.5d + 4
A function rule tells you how to convert an input value (x) into an output value (y).
Your function rule is
ƒ(x) = 0.5x + 4
An easy way to represent your function is to make a graph.
The easiest way to make a graph is to make a table containing some inputs and their corresponding outputs.
Here's a typical table.
[tex]\begin{array}{cc}\textbf{x} &\textbf{y} \\0 & 4 \\2 & 5 \\4 & 6 \\6 & 7\\6 & 8 \\\end{array}[/tex]
The graph is like the one below.
Determining the normal form of the equation of a line is like finding the equation of a tangent line to a circle of radius p.
Please select the best answer from the choices provided
True
False
Answer:
True
Step-by-step explanation:
The normal form of equation of a line is the radius of p. Tangent to a circle is the line that touches one point on the circle. The radius is the circumference of the circle. The tangent line on the circle is always perpendicular to the radius. The statement is correct.
A grocery store sells apples in bags. Each bag weighs 3/5 of a pound. Alberto's mother buys 6 pounds of apples to make applesauce. How many bags of apples does she buy?
Answer:
10
Step-by-step explanation:
these are small bags (just as comment), so in real life the cost of using bags would add significantly to the price of the apples.
anyway, so we need to find how many units of 3/5 pounds do we need to get 6 pounds ?
3/5 × x = 6
3 × x = 30
x = 10
she buys 10 bags to get 6 pounds.
so, sunny is 16 he is 132 pounds
the song my time lasts 3:33 and sunny is falling for an entire 3 minutes
the gravitational pull which is pulling sunny back down to the ground is about 10m/s²
we have the new height of the hospital, is 49312,674 meters, or 161.787 feet
upon theory, sunny died upon coming to contact with the ground if you fall head first from 100 feet you're bound to die
you can break just your legs from falling from atleast 16-18 feet so imagine that
??????
Help and show work plz
Answer:
30
Step-by-step explanation:
If we have 4 integers that have an average of 9, then all the numbers will add up to [tex]9\cdot4=36[/tex].
If we want the greatest number possible, the other 3 need to be the lowest possible.
Since they are all different, the lowest possible values of the first 3 numbers are 1, 2, and 3.
[tex]1 + 2 + 3 = 6[/tex]
[tex]36 - 6 = 30[/tex]
So 30 is the greatest value of one of the integers.
Hope this helped!
Pedro thinks that he has a special relationship with the number 6. In particular, Pedro thinks that he would roll a 6 with a fair 6-sided die more often than you'd expect by chance alone. Suppose pp is the true proportion of the time Pedro will roll a 6.
Required:
a. State the null and alternative hypotheses for testing Pedro's claim.
b. Now suppose Pedro makes 42 rolls, and a 6 comes up 9 times out of the 42 rolls. Determine the P-value of the test: P-value.
c. Does this sample provide evidence at the 5% level that Pedro rolls a 6 more often than you'd expect?
Answer:
Step-by-step explanation:
a) The sample space, n(S) = 6^6 = 46656
Let the number fair dice toss that show 6 = n(A)
Hence, the probability of getting, P(A) = n(A)/n(S)
b) Sample space, n(S) = 6^42
n(A) = 6^9
∴ P(A) = n(A)/n(S) = 6^9/6^42 = 1/(6^33) = 2.09 X 10^(-26)
c) No
The graph below shows the quadratic function f, and the table below shows the quadratic function g.
x -1 0 1 2 3 4 5
g(x) 13 8 5 4 5 8 13
Which statement is true?
A.
The functions f and g have the same axis of symmetry and the same y-intercept.
B.
The functions f and g have different axes of symmetry and different y-intercepts.
C.
The functions f and g have the same axis of symmetry, and the y-intercept of f is greater than the y-intercept of g.
D.
The functions f and g have the same axis of symmetry, and the y-intercept of f is less than the y-intercept of g.
Answer:
D
Step-by-step explanation:
The true statement is:
The functions f and g have the same axis of symmetry, and the y-intercept of f is greater than the y-intercept of g.
What is Function?A mathematical phrase, rule, or law that establishes the link between an independent variable and a dependent variable (the dependent variable). In mathematics, functions exist everywhere, and they are crucial for constructing physical links in the sciences.
As, per the graph and table is:
From the graph of f(x):
Axis of symmetry will be at x = 2
The maximum value of f(x) = 10
From the table of g(x):
Axis of symmetry will be at x = 2
The minimum value of g(x) = 4
thus, The functions f and g have the same axis of symmetry, and the y-intercept of f is greater than the y-intercept of g.
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Please answer this correctly without making mistakes
Answer:
2 13/15 miles
Step-by-step explanation:
Hey there!
Well first we need to find the distance between Lancaster and Hillsdale and Lancaster to Silvergrove.
9 + 7 13/15
= 16 13/15
LS is just 14 miles.
Now we can do,
16 13/15 - 14
= 2 13/15 miles
Hope this helps :)
Simplify to create an equivalent expression. 4(-15-3p)-4(-p+5)
Answer:
- 8p - 80
Step-by-step explanation:
Given
4(- 15 - 3p) - 4(- p + 5) ← distribute both parenthesis
= - 60 - 12p + 4p - 20 ← collect like terms
= - 8p - 80
Answer:
-8p -80
Step-by-step explanation:
4(-15-3p)-4(-p+5)
Distribute
-60 -12p +4p -20
Combine like terms
-60-20 -8p +4p
-80-8p
-8p -80
Use Green’s theorem to evaluate line integral along curve C ∮_c〖( 3ydx+2xdy )〗, C : The boundary of 0≤x≤π,0≤y≤sin x
Answer:
[tex]\displaystyle \oint_C {3y \, dx + 2x \, dy} = \boxed{\bold{2}}[/tex]
General Formulas and Concepts:
Calculus
Differentiation
DerivativesDerivative NotationDerivative Property [Multiplied Constant]:
[tex]\displaystyle (cu)' = cu'[/tex]
Derivative Rule [Basic Power Rule]:
Integration
IntegralsIntegration Rule [Fundamental Theorem of Calculus 1]:
[tex]\displaystyle \int\limits^b_a {f(x)} \, dx = F(b) - F(a)[/tex]
Integration Property [Multiplied Constant]:
[tex]\displaystyle \int {cf(x)} \, dx = c \int {f(x)} \, dx[/tex]
Multivariable Calculus
Partial Derivatives
Vector Calculus
Circulation Density:
[tex]\displaystyle F = M \hat{\i} + N \hat{\j} \rightarrow \text{curl} \ \bold{F} \cdot \bold{k} = \frac{\partial N}{\partial x} - \frac{\partial M}{\partial y}[/tex]
Green's Theorem [Circulation Curl/Tangential Form]:
[tex]\displaystyle \oint_C {F \cdot T} \, ds = \oint_C {M \, dx + N \, dy} = \iint_R {\bigg( \frac{\partial N}{\partial x} - \frac{\partial M}{\partial y} \bigg)} \, dx \, dy[/tex]
Step-by-step explanation:
Step 1: Define
Identify given.
[tex]\displaystyle \oint_C {3y \, dx + 2x \, dy}[/tex]
[tex]\displaystyle \text{Region:} \ \left \{ {{0 \leq x \leq \pi} \atop {0 \leq y \leq \sin x}} \right.[/tex]
Step 2: Integrate Pt. 1
Define vector functions M and N:Step 3: Integrate Pt. 2
We can evaluate the Green's Theorem double integral we found using basic integration techniques listed above:
[tex]\displaystyle \begin{aligned}\oint_C {3y \, dx + 2x \, dy} & = - \int\limits^{\pi}_0 \int\limits^{\sin x}_0 {} \, dy \, dx \\& = - \int\limits^{\pi}_0 {y \bigg| \limits^{y = \sin x}_{y = 0}} \, dx \\& = - \int\limits^{\pi}_0 {\sin x} \, dx \\& = \cos x \bigg| \limits^{x = \pi}_{x = 0} \\& = \boxed{\bold{2}}\end{aligned}[/tex]
∴ we have evaluated the line integral using Green's Theorem.
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Topic: Multivariable Calculus
Unit: Green's Theorem and Surfaces
In kickboxing, it is found that the force, f, needed to break a board, varies inversely with the length, l, of the board. If it takes 7 pounds of pressure to break a board that is 3 feet long, how long is a board that requires 5 pounds of pressure to break?
Answer:
4.2
Step-by-step explanation:
f varies inversly with L can be translated matimatically as:
● f = k/L
It takes 7 pounds of pressure to break a 3 feet long board.
Replace f by 7 and L by 3.
● 7 = k/3 => k=7×3=21
■■■■■■■■■■■■■■■■■■■■■■■■■■
Let's find tge length of a board that takes 5 pounds of pressure to be broken.
● 5 = k/L
● 5 = 21/L
● L = 21/5 = 4.2
So the board is 4.2 feet long
plzzz help me quick will give goood rate
Answer:
Average rate of change of the function will be = (-1.5)
Step-by-step explanation:
Average rate of change of a function f(x) is determined by the formula,
Average rate of change = [tex]\frac{f(b)-f(a)}{b-a}[/tex] If a < x < b
We have to find the average rate of change of a function g(t) between the interval [-3, 1]
From the given table,
For t = -3,
g(-3) = 6
For t = 1,
g(1) = 0
Therefore, average rate of change of the function in the given interval
= [tex]\frac{g(1)-g(-3)}{1-(-3)}[/tex]
= [tex]\frac{0-6}{1+3}[/tex]
= [tex]-\frac{3}{2}[/tex]
= - 1.5
The first side of a triangle measures 3 in. less than the second side, the third side is 2 in. more than the first side, and the perimeter is 20 in. Set up an equation that relates the sides of the triangles in terms of the perimeter of the triangle.
Answer:
P = 3x - 4
Step-by-step explanation:
Side 1 = x - 3
Side 2 = x
Side 3 = 2 + (Side 1) = 2 + x - 3 = x - 1
Perimeter = 20 in
Perimeter = Side 1 + Side 2 + Side 3
Perimeter = (x - 3) + (x) + (x - 1)
Perimeter = x - 3 + x + x - 1
Perimeter = 3x - 3 - 1
Perimeter = 3x - 3 - 1
Perimeter = 3x - 4
P = 3x - 4
Put 0.9,0.1038,0.10299,0.1037 in order from least to greatest
Answer: 0.10299,0.1037 ,0.1038 ,0.9
Step-by-step explanation:
In all the numbers we could see that 0.9 is the greatest because it has the greatest tenth value. The rest three have the same tenth value which is one and the same hundredth value which is 0 so we will compare the numbers using their thousandth values.
In the numbers 0.1038,0.10299, 0.1037 The first one has a thousandth value of 3, the second one has a thousandth value of 2, and the third one has a thousandth value of 3. Which means the first and the second have the same thousandths value so using their last numbers which is 8 and 7 , 8 is greater than 7 so 0.1038 is greater than 0.1037 and 0.10299. The same way 0.1037 is greater than 0.10299.
So to order them from least to greatest,
0.10299 will be first
0.1037 will be second
0.1038 will be the third
0.9 will be the last.
Sandy used these rules to write a 6-digit number.
• 3 in the tens place
• 6 in the hundreds place
1 in the thousands place
• 8 in the ten thousands place
4 in the ones place
• 2 in the hundred thousands place
.
What number did she write?
A. 281,634
B. 361.842
C. 681,234
D. 864,321
9514 1404 393
Answer:
A. 281,634
Step-by-step explanation:
You can identify the number after the first two "rules".
Choices A and C have 3 in the tens place.
Choice A has 6 in the hundreds place.
Peter saved up $20,000 in an account earning a nominal 5% per year compounded continuously. How much was in the account at the end of two years? Round the answer to nearest dollar.
Answer: 22,103
Step-by-step explanation:
Compound interest is the interest calculated on the initial principal and the accumulated interest.
The amount in the account at the end of two years is $22,050.
What is compound interest?Compound interest is the interest calculated on the initial principal and the accumulated interest.
We have,
Principal = $20,000
Rate = r = 5%
It is compounded yearly.
Time = t = 2 years.
The formula for the amount having compound interest:
A = P [tex]( 1 + \frac{r}{n} )^{nt}[/tex]
A = 20,000 [tex](1 + \frac{5}{100\times1})^{2\times1}[/tex]
A = 20,000 ( 1 + 5/100 )²
A = 20,000 ( 105/100 )²
A = (20,000 x 105 x 105) / (100 x 100)
A = 2 x 105 x 105
A = $22,050
Thus the amount in the account at the end of two years is $22,050.
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