Answer:
The negative of a negative is a positive. You can rewrite the equation as -3+1. So, the answer is -2.
:)
Taking into consideration that the interest is compound (yearly)
the amount of money gather through the years can be calculated by
A = P (1+r)^(t)
6000 = 5000 (1.03)^t
t = ln(6000/5000)/ln(1.03) = 6.16 ≈ 7
c. 7 years
Hm..I'm pretty sure the answer is 34
There are 98 terms.
98*(33+130)/2 = 7987
