Answer:
The amount in 20 years is $6,050.24
Step-by-step explanation:
Given the following information:
Principal (Present Value, or PV)= $3,100
Interest rate ( <em>r </em>)= 3.4% or 0.034
Number of compounding period (<em>n </em>)= 1 (annually)
Number of years ( <em>t </em>)= 20
We can use the Future Value formula to find out the value of $3,100 in 20 years:



FV = 3100(1.95169)
FV = $6,050.24
Therefore, the future value of the amount deposited is $6,050.24
Answer:
5 sheets.
Step-by-step explanation:
There are 28 / 4 = 7 students in one group.
Each group was given 35 sheets of paper so each student got 35/7
= 5 sheets.
Answer:
try 1.8 or .18
Step-by-step explanation:
Answer:
r = 2.75
Step-by-step explanation:
1.25 + r = 4
Subtract 1.25 on both sides.
1.25 + r - 1.25 = 4 - 1.25
r = 4 - 1.25
r = 2.75
The solution to the equation is r = 2.75.
7 out of 10 would vote for Tammy so what value (x) would vote for her out of 230. Set up a proportion comparing the two.
x= # of people who vote Tammy
7 out of 10= x out of 230
7/10= x/230
cross multiply
(7*230)= (10*x)
1610= 10x
divide both sides by 10
161= x
ANSWER: 161 people in 7th grade would vote for Tammy.
Hope this helps! :)