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3 years ago

$3,000 after 5 years at an interest rate of 3.0 % is the nearest cent.

Mathematics

2 answers:

vladimir2022 [97]3 years ago

6 0

<span>$ 3,450.00

</span>Equation:
A = P(1 + rt)

blagie [28]3 years ago

4 0

You didn't say whether the 3% interest is simple interest, or compound interest, or how often it's compounded. Each type of interest leads to a different answer.

-- If it's 3.0% simple interest, then your money earns

   (3.0 x 5) = 15%

in 5 years. At the end of the 5 years, your investment would be worth

   (1.15 x 3000) = $3450.

-- If the 3.0% is compounded annually, then in 5 years your money earns

   (1.03)⁵ = 1 + 15.93%

and the original investment is worth (3000 x 1.1593) = $3,477.82 .

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2 years ago

Part A: Virginia earned $14 walking her neighbors' dogs on Saturday. She earned some extra money on Sunday doing the same thing.

shutvik [7]

Part A: 14 + 14 = y or 14•2 = y
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3 years ago

The inverse variation equation shows the relationship between wavelength in meters, x, and frequency, y

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We have been given that the inverse variation $y=\frac{3\times 10^8}{x}$ shows the relationship between wavelength in meters, x, and frequency, y. We are asked to find the wavelength for radio waves with frequency $3\times 10^9$ .

To find the required wavelength, we substitute $y=3\times 10^9$ in our given equation and solve for x as:

$3\times 10^9=\frac{3\times 10^8}{x}$

$x=\frac{3\times 10^8}{3\times 10^9}$

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$x=\frac{1\times 10^8}{1\times 10^9}$

Using quotient rule of exponents $\frac{a^m}{a^n}=a^{m-n}$ , we will get:

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3 years ago

Read 2 more answers

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Verdich [7]

This question was posted almost a week ago, and I am not sure if you still need the answer, but I'll explain it.

The total number of all of the shapes were placed in the bag are equal to 100. The number comes from adding 32+20+48=100.
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There are a total of 32 cards which have a hexagon, this number will be our numerator.

So far we have 32/100 , but this is not simplest form.

Next to reduce the fraction, the GCF must be found.

32: 1, 2, 4, 8, 32
100: :

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2 years ago

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Kipish [7]

Answer:

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2 years ago