Answer:
He will make $53,330
Step-by-step explanation:
In this question, we are tasked with calculating how much Mr Santiago will make in three years.
To calculate the future value of his earnings, we can use the formula for the future value of the salary
Mathematically, the FV = I(1 + r)^t
Where I is the initial amount of $51,000
r is the interest rate which is 1.5% = 1.5/100 = 0.015
t is the time in years which is 3 years
We plug these values into the equation above;
FV = 51,000(1+0.015)^3
FV = 51000(1.015)^3
FV = 53,329.59 which is $53,330 to the nearest whole dollars
multiply the whole number with the denominator then add the numerator over the denominator then find the common multiple.
What times itself equils that number
Answer:3
Step-by-step explanation:
1. The answer for the first question is 7.6 You get the answer by adding all the numbers together then dividing the answer you get by the number of items in this case there were 5 different numbers. This is how you get the mean.
2. The answer is 92.25