Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 5%. If no money is added or withdrawn from the account, answer the following questions.

a. How much will be in the account after 4 years?

b. How much will be in the account after 18 years?

c. How many years will it take for the account to contain $2,500?

d. How many years will it take for the account to contain $3,000?

Answer is by Aliwohaish12

Step-by-step explanation:

A) A=2,000×(1+0.04)^(3)=2,249.728

B) A=2,000×(1+0.04)^(18)=4,051.63

C) 2500=2000 (1+0.04)^t

Solve for t

T=log(2,500÷2,000)÷log(1+0.04)

T=5.7 years

D) t=log(3,000÷2,000)÷log(1+0.04)

t=10.3 years

3/4 ÷ 3/4

step-by-step explanation:

basically divide any proper fraction with itself to fit the criteria.

so if we are using 3/4, then:

3/4 ÷ 3/4 = 1

so 1 is the quotient.

and the numerators for both these fractions is 3.   and if we divide the numerators:

3 ÷ 3 = 1

we see that quotient is equal to our original quotient as well.

if x = 1, then the answer is 3.5