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
Answer:
(x + 1 s 1) n (x + 12 1)
(x +1<1) n (x + 1 > 1)
Step-by-step explanation:
Just simplify each the statements.
Then compare and and see if the statements are contradictory and therefore FALSE, if so, then there is no solution.
(x + 1<-1) n (x + 1< 1)
(x <-2) n (x < 0) which is true, so there is a solution.
(x + 1 s 1) n (x + 12 1)
this doesn't make sense so there is no solution.
(x +1<1) n (x + 1 > 1)
(x < 0) n (x > 0)
This is not possible, the statements are contradictory and therefore FALSE, so there is no solution.
if I know how to do this I this it's y27 oh I know I wrong But it was worth a try right
Step-by-step explanation:
idffffk
I think the correct answer from the choices listed above is the first option. It is a pie chart that would be <span>a good tool to represent data in terms of percentage of a whole. It is a graph that makes use of a circle divided into parts that represents the proportion of the whole.</span>
