Nina deposits $3500 into a savings account. the rate of simple interest is at 5.5% annually. By how much does the amount in her
1 answer:
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Answer:
10,93,500.
Step-by-step explanation:
On first February total number of rabbits were 500.
Now it is given that after each month rabbit population will become triple of initial.
So, after one month rabbits will become 3×500.
After two months they will become ×500.
Thus , after m months total number of rabbits will become ×500.
Now,
On August 1 , 7 months will get passed from February 1 so putting m = 7 in the equation we get ,
Total number of rabbits = ×500 = 10,93,500.