Answer:
a. $270
b. $3,278.18
Step-by-step explanation:
Given that
The principal amount is $3,000
Annual rate of interest is 3%
And, the time period is 3 years
We need to find out the simple interest & compound interest
The following formulas should be used
a. For simple interest
= Principal × rate of interest × time period
= $3,000 × 3% × 3 years
= $270
b. For compound interest
= Principal × (1 + rate of interest)^time period
= $3,000 × (1 + 0.03)3
= $3,000 × 1.03^3
= $3,278.18
Answer:
Check pdf
Step-by-step explanation:
Diana's age=21 years
Carmen's age=x years
Andrew's age=2x years
21+x+2x=45
21+3x=45
3x=45-21
3x=24
x=24/3
x=8
2x8=16
Carmen is 8 years old and Andrew is 16 years old. Hoped that helps:)
X hour and 7 dollars per hour
x = hour
7(x) is your function
thank you for Anlian for pointing it out.. there is 4 hours
so x = 4
plug in 4 in x. 7(4)
7 x 4 = 28
28 is your answer
hope this helps