Use this equation:
A = P(1+r)^t
Where A is the final amount
P is the initial amount
r is the annual rate
t is the time in years
P = 1500
r = 0.07
t = 3
A = 1500 (1.07^3)
≈ $1837.56
Have an awesome day! :)
First you gotta remove all parentheses by multiplying the factors next remove all grouping if the terms are containing exponents then you combine all terms and lastly you combine the constants
-7/4:-1.75
2/5:0.4
-1.75=0.4t
-1.75/0.4=t
-4.375=t
Hope I helped you well, have a victorious day!
As rolling a one on a fair die has a probability of 1/6, on average it is likely that a one will be rolled around once every six rolls, therefore the game’s expected value is 0 because in six rolls one roll will yield 50 and the other five rolls -10 each granting a net total of 0.
