Use the simplest interest formula to find the ending balance $5,000 at 5% for 3.5 years
2 answers:
You might be interested in
Answer:
182 seconds
Step-by-step explanation:
Given:
Time taken for first lap is 50 seconds and each subsequent lap takes 20% longer than previous
Solution:
Time taken for first lap = 50 sec
For second lap
Each subsequent lap takes 20% longer than previous
Previous lap time = 50 sec
second lap = 50 + 20% of 50
second lap
second lap
second lap
For third lap
Each subsequent lap takes 20% longer than previous
Previous lap time = 60 sec
Third lap = 60 + 20% of 60
Time taken for 3 laps is equal to sum of all three laps time.
Therefore, it takes 182 seconds (3 min, 2 seconds) to run three laps