Is this all the problem wants ?
Make 2/3 into 8/12 then subtract 1/12 and you get 7/12
Answer:
b=9
Step-by-step explanation:
move the constant to the right which makes it 8b +5.04=77.04
then subtract 77.04 - 5.04 which = 8b = 72
Answer:
Try D because a number times 10 to the power of anything is not that number!
Step-by-step explanation:
Answer: $4,365.10
Step-by-step explanation:
Ok, we know that:
The account starts with $2350
There is a simple interest of 3.75% (or 0.035).
Then after one year, the amount in the account will increase by 3.75%, this means that the amount will be:
$2350 + 0.035*$2350 = (1.035)*$2350.
After another year, we have the same increase (but applied to the new amount in the account):
(1.035)*$2350 + 0.035*(1.035)*$2350. = (1.035)^2*$2350
And so on.
You already can see the pattern here, the amount of money in the saving account after N years will be:
M(N) = $2350*(1.035)^N.
Now we can answer:
what is the balance of the account if it earns a simple interest of 3.75% for 18 years?
Just replace N by 18 in that equation:
M(18) = $2350*(1.035)^18 = $4,365.10
