Answer:
watch the video
Step-by-step explanation:
Answer:
780 students according to my calculations
Step-by-step explanation:
2 hours costs 6 dollars is the only statements that is true
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simply add 3.00 to 3.00 because its 2 hours
or if it was half an hour simply add 1.50 because half of 3.00 is 1.50
No i am horrible in it and everytime i come to ask questions nobody helps :(
Using the interest formulas, it is found that the values of the investment are given as follows:
- Using simple interest, the value will be of $34,000.
- Using compound interest, the value will be of $144,461.
- Using continuous compounding, the value will be of $148,002.
<h3>Simple Interest</h3>
Simple interest is used when there is a single compounding per time period.
The amount of money after t years in is modeled by:

In which:
- r is the interest rate, as a decimal.
In this problem, we have that the parameters are as follows:
P = 9000, r = 0.07, t = 40.
Hence:

<h3>Compound interest</h3>

n is the number of compounding, for quarterly n = 4, then:


<h3>Continuous compounding</h3>

Hence:

More can be learned about the interest formulas at brainly.com/question/25296782
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