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anonymous

  • 5 years ago

Here is a butt load of problems (: Gotta finish them by tonight ^^Suppose that you were saving money over 5 years to use in a purchase later. You have $1000 to put in the savings. After surveying several banks for savings plans, you found these options. "A" stands for the amount you will have in the bank after x years. Option A: Your money would receive simple interest at the end of 5 years. The formula is A = 1000 + 1000(0.05) x. Option B: Your money will be compounded continuously. The formula is A = (1000)(2.71828)(0.05 x). i willpost the rest as a comment

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  1. anonymous
    • 5 years ago
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    The formula is A = (1000)(2.71828)(0.05 x). Option C: You will invest in a CD (Certificate of Deposit) compounded yearly. The formula is A = (1000)(1.05) x. Option D: Buy a US Savings Bond. Buy at $1000 now. When cashed in 5 years later, the amount will be $1267. Calculate each of these. You can find this by substituting x = 5 in each formula. Note that there is no formula in the US Savings Bonds option, just the amount.

  2. anonymous
    • 5 years ago
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    :|

  3. anonymous
    • 5 years ago
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    u realise its calculator work

  4. anonymous
    • 5 years ago
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    it would have taken u less time to do the calculation yourself then it would to type up the question

  5. anonymous
    • 5 years ago
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    it even tells u what to do " You can find this by substituting x = 5 in each formula"

  6. anonymous
    • 5 years ago
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    they couldnt make it any easier

  7. anonymous
    • 5 years ago
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    .. uhh i copied and pasted (:

  8. anonymous
    • 5 years ago
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    so you are saying that you dont know how to use a calculator?

  9. anonymous
    • 5 years ago
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    so you are saying that you dont know how to use a calculator?

  10. anonymous
    • 5 years ago
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    you are definately going to fail the school exams if you cant use a calculator

  11. anonymous
    • 5 years ago
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    Well, you have to realize that Mathematics is not for everyone. She is into writing poems. ;)

  12. anonymous
    • 5 years ago
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    but its not even maths , its just typing numbers in a calculator and pressing equals

  13. anonymous
    • 5 years ago
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    maybe you should do the calculations yourself instead of being so mean

  14. anonymous
    • 5 years ago
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    i like mowrey and dancr of fire alot (:

  15. anonymous
    • 5 years ago
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    :)

  16. anonymous
    • 5 years ago
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    how is it being mean its 100% truth , you will fail the school exams if you cant use a calculator. I thought "Ilovefun" is like 17yrs old , but then you should know how to use a calculator :|

  17. anonymous
    • 5 years ago
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    the point of this website is to get help with math problems not be harassed by someone who feels they are better then everyone else

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