Seudónimo Seudónimo
  • 12-07-2021
  • Mathematics
contestada

If my saving x$ grows 10% every year how much will I have in:
1 year
2 year
5 year

Respuesta :

ChiaWa ChiaWa
  • 12-07-2021

Answer:

[tex]1.1x, 1.21x, 1.61051x[/tex]

Step-by-step explanation:

If you saving grows [tex]10 \%[/tex] every year, then your saving is [tex]1.1\\[/tex] times your saving from last year. Therefore, after one year, you will have [tex]1.1x\\[/tex], then after [tex]2[/tex] years, you will have [tex](1.1)^2 \cdot x=1.21x[/tex], then after [tex]5[/tex] years, you will have [tex](1.1)^5 \cdot x = 1.61051x[/tex].

Answer Link
itsharshanna itsharshanna
  • 26-07-2021

Answer:

$1.1x, $1.21x, $1.61x

Step-by-step explanation:

Answer Link

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