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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
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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anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0The 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.

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0u realise its calculator work

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0it would have taken u less time to do the calculation yourself then it would to type up the question

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0it even tells u what to do " You can find this by substituting x = 5 in each formula"

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0they couldnt make it any easier

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0.. uhh i copied and pasted (:

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0so you are saying that you dont know how to use a calculator?

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0so you are saying that you dont know how to use a calculator?

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0you are definately going to fail the school exams if you cant use a calculator

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0Well, you have to realize that Mathematics is not for everyone. She is into writing poems. ;)

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0but its not even maths , its just typing numbers in a calculator and pressing equals

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0maybe you should do the calculations yourself instead of being so mean

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0i like mowrey and dancr of fire alot (:

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0how 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 :

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0the 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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