Use the compound amount formula:
$2,300 = P(1+0.02)^3. Solve this for P:
P = $2,300 / (1.02)^3 = $2167.34.
By depositing $2,167.34 now, Cheryl would have $$2300 after three years.
Answer:
System of equations:
3.5c + 5a = 377
c + a = 85
Solved:
(53, 32)
Step-by-step explanation:
32 children's tickets were sold and 53 adults tickets were sold.