In 1626, the Dutch bought Manhattan Island, now part of New York City, for $24.75 worth of merchandise. Suppose that, instead, $24.75 had been invested in an account that paid 3.75% interest each year. Find the balance in 2020

The balance in 2020 is $47,810,662.65576

Step-by-step explanation:

In order to find the balance in 2020, first we would have to calculate the number of year as follows:

number of years, t=2020-1626

number of years, t=394

Therefore, to calculate the balance in 2020, we would have to use the following formula:

f(t)= 24(1.0375)∧394

f(t)=24*1,992,110.94399

f(t)=$47,810,662.65576

The balance in 2020 is $47,810,662.65576

sorry i just need to anwers this to get points

step-by-step explanation:

answer: first option i.e. 'a' is correct.

step-by-step explanation:

since we have given that

number of minutes to wrap a small gift box = 4 minutes

we need to find the number of gifts to be wrapped in 5 minutes

since there is a direct variation, as the number of minutes will increase with   number of gifts to be wrapped.

so, let the number of gifts to be wrapped in 5 minutes be x.

so, it becomes,

hence, first option 'a'   is correct.