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nalin [4]
3 years ago
9

The cost of 3 candles is 19.50 what is the unit price with work shown

Mathematics
1 answer:
kobusy [5.1K]3 years ago
5 0
Well, since 3 candles are 19.50, simply divide. This will make a ratio so that 1 candle will equal 6.50 per candle.

19.50 / 3 candles = 6.50 per candle.
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you deposit 10000 into a bank account. the account pays 4 annual interest compounded quarterly. find the balance after 5 years.
Ann [662]
<h3>Answer: 12,201.90 dollars</h3>

You may need to delete the comma if you are entering this result into a computer system.

=====================================================

Work Shown:

P = 10,000 = deposit

r = 0.04 = decimal form of 4% interest rate

n = 4 = we're compounding 4 times a year

t = 5 years

-------------

A = P*(1+r/n)^(n*t) .... compound interest formula

A = 10,000*(1+0.04/4)^(4*5)

A = 12,201.9003994797

A = 12,201.90

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This is assuming you do not deposit any more money, and it also assumes that you don't take any money out during the 5 year timespan either.

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