You have $380,000
inyour bank account. the interest rate in your account is5%. solve
for the following:
a. how muchinterest
will you accumulate if interest is compounded annually over the
next five years?

If the capitalization method is continuous, the interest obtained will be $104986.99

Step-by-step explanation:

Cn = Co * (1 + i)^n

Co = 380,000

i = 0.05

n = 5

So:

Cn =380,000 * (1+.05/1)^(1*5)

Cn = 380,000 * (1+.05)^5

Cn = 380,000 * (105)^5

Cn = 380,000 * (1.2763)

Cn = 484,986.99

Cn - Co = interest acumulated:

484,986.99-380,000 = $104986.99

walter needs to make at least 5 more cookies but no more than 40. 5 ≥ x ≥ 40;

step-by-step explanation:

walter has to make a minimum of 20 cookies. he already has 15 cookies made, so he must make 5 more to meet the minimum.

the maximum amount of cookies he can make is 55. he already has 15, so he has to make no more than 40 more cookies to meet the maximum.

b. x + 1

step-by-step explanation:

i'am smart