the step by step explanation is to expand the binomial
Answer:
You have to use the formula for compound interest which is: A=P(1+r/n)^nt
The Givens info is:
A=?
P=1000
r= 6% = 0.06 (convert into decimal)
n=12(# of interest periods: since it is monthly n=12)
t=10
Now your formula should look like this:
A= 1000*(1+(0.06/12))^12*10
A=1000*(1.005)^120
A=1000*(1.819396734)
A=$1819.40
Step-by-step explanation:
6/9 and 12/21
i think this is the answer your looking for
The difference between your speed is 6 miles per hour: that means that every hour you move 6 miles relative to your friend. But you only need to catch up 3 miles: half of it. So you'll catch up after 30 minutes.
