Briley has 3 1/4 bags of soil to put in her garden each bag of soil will cover 125.3 ft cubed how many cubic feet will Riley be
able to cover if she uses all of these bags of soil
1 answer:
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Given the word problem, we can deduce the following information:
Principal amount = $4739
Future amount = $5336
Interest = 5.1 % =0.051
To determine the time to accumulate the $5336, we use the compound interest formula:
A=Future amount=$5336
P=Present amount=$4739
r=interest rate = 0.051
n=number of compounding periods =12
t=time in years
We also note that the number of compounding periods must be 12 since the investment is compounded monthly.
We plug in what we know:
Therefore, the answer is 2.33 years.