Answer:
He will have $39,750 at the end of five years.
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:
In which E is the amount of interest earned, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
After t years, the total amount of money is:
In this question:
Interest earned:
Total amount:
He will have $39,750 at the end of five years.
9514 1404 393
Answer:
see attached
Step-by-step explanation:
We're not quite sure what the question is.
It appears you may be interested in the names of the groups of 3 digits. Each such group is called a "period." Each period is named for the place value of its right-most digit.
The period just to the left of the decimal point is the "ones" period. To the left of that is the "thousands" period, and to its left is the "millions" period.
When writing the name of a number, the name of the three digits within a period is given, followed by the period name (if it is greater than "ones"). This continues left to right, until you get to the decimal point. For example, the number shown is ...
eight hundred sixty-two thousand seven hundred ninety-four
