Answer:
$3,623.84 Exact answer without rounding | $3,623.85 ~ (Approximent Answer with rounding.)
Step-by-step explanation:
Compound Interest Has a Specific Formula:
This case is Exponential Growth.
Formula: y= ab^x
You need to set up the equation.
First we need to define the rate of growth meaning what do you have to do for the 6.5%.
You need to do 100% + 6.5% = 106.5%
You need to convert the percent to a decimal which will be 1.065
Now we need to start plugging things into our formula to solve.
Your initial Starting amount was $3000
So you need to have y=3000(b)^x
We now know that the rate of growth is 1.065 so the b would be 1.065
y=3000(1.065)^x
Our power to x is our 3.5 years.
Our Equation now:
y=3000(1.065)^3
Now you need to use a calculator to do this due to the amount of decimals and digits.
Remember pemdas when doing this!!!
The answer should result to $3,623.84 but if rounded then: $3,623.85
Answer:
The answer is: #3 yes, yes
Step-by-step explanation:
The first 3 shapes in the image count as the first view and the 4th shape is the second view. They both represent the object.
This is the Internet. It's really easy to look up.
Answer:
12:00 am midnight
Step-by-step explanation:
Given;
I can read a 336-page book in 6 hours.
My rate r1 = 336/6 pages per hour = 56 pages per hour
Jayne can read a 144-page book in 3 hours.
Jayne rate r2 = 144/3 = 48 pages per hour
If I start reading a 5000-page book at noon and Jayne starts reading the same book at 10 AM
Taking 10 am as the reference time.
Let x represent the time from 10 am at which they would both be on the same page.
For me;
Since i started by noon; 2 hours after 10 am
Time t1 = x-2
For Jayne;
She started by 10 am
Time t2 = x
For them to be on the same page they must have read the same number of pages;
Number of pages read = rate × time
r1(t1) = r2(t2)
Substituting the values;
56(x-2) = 48(x)
56x - 112 = 48x
x(56-48) = 112
x = 112/(56-48)
x = 14 hours
Since 10 am is the reference, the time would be;
=10 am + x = 10 am + 14 hours
= 24:00
= 12:00 am midnight
