200+12m= 644
subtract 200 from both sides
12m= 444
divide both sides by 12
m= 37
he sold 37 albums
20? I’m not for sure maybe look in the book? That’s the answer I got and it was right
Answer:
P = 2000 * (1.00325)^(t*4)
(With t in years)
Step-by-step explanation:
The formula that can be used to calculated a compounded interest is:
P = Po * (1 + r/n) ^ (t*n)
Where P is the final value after t years, Po is the inicial value (Po = 2000), r is the annual interest (r = 1.3% = 0.013) and n is a value adjusted with the compound rate (in this case, it is compounded quarterly, so n = 4)
Then, we can write the equation:
P = 2000 * (1 + 0.013/4)^(t*4)
P = 2000 * (1.00325)^(t*4)
I can simplify the formula with the data you gave me to do a simple formula like this: <span>4.25 k + 2 p = 12 I think this one explains in an easy way this. Hope it's good for you</span>
