This question was posted almost a week ago, and I am not sure if you still need the answer, but I'll explain it.

The total number of all of the shapes were placed in the bag are equal to 100. The number comes from adding 32+20+48=100.
This is our total number and will be the denominator.
There are a total of 32 cards which have a hexagon, this number will be our numerator.

So far we have 32/100 , but this is not simplest form.

Next to reduce the fraction, the GCF must be found.

32: 1, 2, 4, 8, 32
100: :

8 0

2 years ago

$1500 is invested at a rate of 3% compounded monthly. Write a compound interest function to model this situation. Then find the

Marianna [84]

Answer:

Equation: $F=1500(1.0025)^{12t}$

The balance after 5 years is: $1742.43

Step-by-step explanation:

This is a compound growth problem . THe formula is:

$F=P(1+\frac{r}{n})^{nt}$

Where

F is future amount

P is present amount

r is rate of interest, annually

n is the number of compounding per year

t is the time in years

Given:

P = 1500

r = 0.03

n = 12 (compounded monthly means 12 times a year)

The compound interest formula modelled by the variables is:

$F=1500(1+\frac{0.03}{12})^{12t}\\F=1500(1.0025)^{12t}$

Now, we want balance after 5 years, so t = 5, substituting, we get:

$F=1500(1.0025)^{12t}\\F=1500(1.0025)^{12*5}\\F=1500(1.0025)^{60}\\F=1742.43$

The balance after 5 years is: $1742.43

3 0

2 years ago