Answer:
$3530.3541
Step-by-step explanation:
Given that:
Principal = 2200
Interest rate compounded annually (r) = 3%
Time (t) = 16 years
Using the compound interest formula :
A = P(1 + r/n)^n*t
A = final amount
n = number of times interest is applied per period
A = 2200(1 + 0.03)^16
A = 2200(1.03)^16
A = 2200 * 1.60470643909878751793
A = $3530.3541
Hence, amount in account on his 16th birthday will be $3530. 3541
N=90 you have to simplify both sides then isolate the variable :)
Answer:π 12.0 2 14.0 = 6333.45
Step-by-step explanation:
Answer:
3/25
Step-by-step explanation:
Rewrite the decimal number as a fraction with 1 in the denominator
0.12=0.121
Multiply to remove 2 decimal places. Here, you multiply top and bottom by 10^2 = 100
0.12/1×100/100=12/100
Find the Greatest Common Factor (GCF) of 12 and 100, if it exists, and reduce the fraction by dividing both numerator and denominator by GCF = 4,
12÷4/100÷4 = 3/25
Therefore
0.12 = 3/25
