Answer:
$3100
Step-by-step explanation:
Step one:
given data
Principal = $2500
rate = 1.2%
time = 20 years
Step two:
The simple interest is expressed as
SI= PRT/100
substitute
SI= 2500*1.2*20/100
SI= $600
The account balance after 20 years is
= principal + Simple interest
= 2500+600
= $3100
Answer:
60
Step-by-step explanation:
Area = ((a+b)/2)h=((7+13)/2)*6=60
It's 3, all terms are divisible by it
Answer:
Taking 33.33% of an answer
Step-by-step explanation:
Step-by-step explanation:
<u>Step 1: What is the formula for exponential growth</u>
Formula → ![f(x)=a(1+r)^x](https://tex.z-dn.net/?f=f%28x%29%3Da%281%2Br%29%5Ex)
<u>Step 2: What does each variable mean</u>
→ This is the exponential growth function
→ This is the initial growth amount
→ This is the growth rate or how much it increases
→ This is the number or intervals or the process is repeated