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:
V= about 4,222.3 units
Step-by-step explanation:
d=24 so r=12 d/2=r
V= pi r sq times h/3
V=pi 12 sq times 28/3
V= pi 144 (28/3)
V= about 4,222.3
Answer:
73
Step-by-step explanation:
5/10 and 2/10 beacuse tenth is the bottom number
Answer:
No solutions
Explanation:
The given system of equations is
2y = x + 9
3x - 6y = -15
To solve the system, we first need to solve the first equation for x, so
2y = x + 9
2y - 9 = x + 9 - 9
2y - 9 = x
Then, replace x = 2y - 9 on the second equation
3x - 6y = -15
3(2y - 9) - 6y = -15
3(2y) + 3(-9) - 6y = -15
6y - 27 - 6y = -15
-27 = -15
Since -27 is not equal to -15, we get that this system of equation doesn't have solutions.
