Answer:
$4956.23 approx
Step-by-step explanation:
Given data
P= $4860
R= 4%
T= 6 months = 0.5 years
Applying the compound interest formula we have
A=P(1+r)^t
Substitute
A=4860(1+0.04)^0.5
A= 4860(1.04)^0.5
A=4860*1.0198
A=4956.228
Hence the balance will be $4956.23 approx
B 5x+20 hope this helps!!
Answer:
55
Step-by-step explanation:
So lets take our 50 dollars.
Next, take your increase of 5%. Remember, 5% is 0.05, and it is a increase of 5%, so we are multipling 50 by 1.05.
Before we start multiplying, lets recall that this occurs twice(2 years), but this doesnt mean we multiply 50 by 1.10. No, we just mutiply 50 by 1.05 2 times:
50*1.05
=
52.5
52.5*1.05
=
55.25
So your answer is 55 dollars(rounding down).
Hope this helps!
Are you sure you wrote all the correct numbers because it does not work
Answer:
-1
Step-by-step explanation:
-3t+3=6
-3t=3
t=-1
