What is 100% of the mass ?
Answer:
If the time passed is only 3 months, then it is $2040
Step-by-step explanation:
We can use the quarterly compounded interest equation for this problem: P(1 + r/n)^nt
Step 1: Find out how much 3 months is in a year
<em>In this case, 3/12 which is 1/4</em>
Step 2: Plug in known variables into equation
2000[1 + (0.08)/4)]^[(4)(1/4)]
Step 3: Solve/Plug in calc
You will get $2040
If the time passed in the problem is 1 year, then we can be able to solve how much money he earned per quarter. However, since only 3 months have elapsed, then he has only earned $2040.
First of all youre not going to get a direct answer to all of these questions, youre going to have 3 finally equations(because thats the amount of variables you have).
Converting everything to decimals:
0.25 inch, 0.5 inch, 0.4 inch
Ordering:
0.25, 0.4, 0.5
Converting the appropriate numbers back to fractions:
1/4,10/25,0.5.