Answer:
Step-by-step explanation:1/4 times 24 that gives you 6 and then 5 times 24 is $120
Answer:
x=2
Step-by-step explanation:
I hope you will understand the way I solved it
if not, dont hesitate to ask questions in the comments...
After three years, your investment would be $575. The formula is A=P(1+(r/n)^(n*t) where A is the final amount, P is the initial balance, r is the interest rate, n is the amount of time the interest is compounded in a year, and t is the amount of time that has passed.
P=500
r= 5% is which converted into a decimal by dividing 5 by 100 which is then 0.05
n= 1 since it is compounded annually
t= 3
Hope this helped.
It could be C because 504 is the closest to 1024