Answer:
$167.03
Step-by-step explanation:
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The number on the left side of the decimal, write it as a large, in this case, three. The number on the right side of the decimal, write as a small number. Then put a ten under the five, and divide the two with a line. A way to remember this is - Imagine you have 3 cookies. The .5 represents a half of a cookie. You need to have all ten parts of the cookie to make a whole cookie. You'd need 5 more pieces of cookie to make 4 cookies. Hope this helps.
Answer:
355
Step-by-step explanation:
Based on the types of compounding and the interest rates, the following are true:
- Part A - The group will have $750
- Part B - The group will have $759.19
When using simple interest, the amount the group will have is:
<em>= Amount x ( 1 + rate x number of years )</em>
= 600 x ( 1 + 5% x 5)
= $750
When using compound interest, the group will have:
<em>= Amount x ( 1 + rate) ^ Number of years</em>
= 600 x ( 1 + 4%)⁶
= $759.19
In conclusion, compound interest yields more.
<em>Find out more about </em><em>compound interest </em><em>at brainly.com/question/25263325. </em>
Answer:
243
Step-by-step explanation:
3x3=9
9x3=27
27x3=81
81x3=243
