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
Am pretty sure you should add 2 to both of the numbers than multiple I THINK.
Answer:
the correct answer is A. Because it shows the equal qualifient of the answer
Answer:
In Mathematics Geometry,<em> lateral face</em> is said be the side of a 3D-figure in that is not a base.
Please check the attached figure to visual the concept.
Step-by-step explanation:
In Mathematics Geometry,<em> lateral face</em> is said be the side of a 3D-figure in that is not a base.
The faces in in a prism or pyramid which are not bases are basically the lateral faces.
For example, the lateral faces are basically parallelograms in Triangular prism which are not the bases.
Please check the attached figure to visual the concept.
Answer: you need to add a picture, otherwise we don’t know how to help you answer that questions
Step-by-step explanation:
