Let
N--------> <span>members of the club
we know that
($192/(N+2)=3.20
192=(N+2)*3.20
3.20*N+6.40=192
3.20*N=192-6.40
N=185.60/3.20
N=58
the answer is
58</span>
Answer: $358.8 to the nearest tenth
Step-by-step explanation:
Compound interest is calculated by Where: A = P(1 + r)t
Where P= 300, r= 12% = 0.12, t= 1.5 years
Slot in the figures
300 (1 + 0.12) 1.5
300 (1.12) 1.5
300x 1.12
336e1.12
A = $ 358.84
Answer:
that answer is 7 is bigger then 1.9
Step-by-step explanation:
so 7 is a whole and 1.9 is a decimal
Since simple interest doesn't involve compounding, the same amount gets added on every year. So, the equation for the simple interest received is

, where

is the total interest,

is the original deposit (or "principal"),

is the interest rate, and

is the time passed in years.
Plugging in our values, we can solve for the interest rate:


