Question

A $4,000.00 principal earns 5% interest, compounded annually. After 4 years, what is the balance in the account?

$500,000.00
$4,862.03
$4,600.00
$20,250.00

Answer 1

A boat costs $92,000.00 and depreciates in value by 15% per year. How much will the boat be worth after 10 years?

$18,112.45
$78,200.00
$18,941.98
$69,000.00

Answer 2

Anyone?

Answer 3

Free Medal

Answer 4

@help?!?!?!

Answer 5

@HailKK

Answer 6

For the first one I got C and I don't understand the second one

Answer 7

Give me a few minutes

Answer 8

92,000 * .15 = x

92,000 - x = value of boat after one year

x * .15 = y

x - y = value of boat after two years

Get it?

Answer 9

@Anthony2992992 , Do you get it?

Answer 10

yea but where does y come from?

Answer 11

y is the same number throughout the whole thing

Answer 12

y = x * .15

Answer 13

oh I get it so, y=13800^10x0.15

Answer 14

wait..... no that's not right

Answer 15

I don't get it...

Answer 16

If you meant ^ as a multiplication sign, then you are right

Answer 17

What grade are you in btw?

Answer 18

9th

Answer 19

I was suppose to be in geometry

Answer 20

You were more likely to get an answer in General Math anyways since there are more people here...

Answer 21

well is the first one correct?

Answer 22

Yes...I believe so.

Answer 23

Are you onlineschooled?

Answer 24

yes

Answer 25

Do you like it?

Answer 26

Thanks for the medal!

Answer 27

ya... it not that bad and your welcome