Daily · 2026-05-04
One bite-sized math problem set for the day. Solve the ten multiple-choice problems and reveal the worked solutions.
You deposit \$1,000 in an account paying 5% annual interest, compounded yearly. How much is in the account after 3 years?
Compound interest:
Note how each year's interest is calculated on the previous year's balance, not the original principal — that's why compounding beats simple interest by ~\$7.63 over three years here.
What is the value of ?
Using the quotient rule:
Find the sum of the roots of .
By Vieta's formulas, for the sum of the roots is . Here
Alternatively, evaluate each term: , , so .
Verification by factoring: , so the roots are and , summing to .