24 can go into 217 9 times
Answer:
The amount of money, to the nearest cent, in the account after 3 years will be $ 7028.56
Step-by-step explanation:
The amount is given by

Given P = $6520
r = 2.5%
t = 3 years
Substituting the given values, we get -

The amount of money, to the nearest cent, in the account after 3 years will be $ 7028.56
<em><u>The equation to find the length r of the red ribbon is:</u></em>

<em><u>Solution:</u></em>
Let "b" be the length of blue ribbon
Let "r" be the length of red ribbon
To find: equation for length r of the red ribbon.
The length of the blue ribbon is two - thirds the length of the red ribbon
Which means,

Therefore,

Thus the equation to find the length r of the red ribbon is found
Answer:
Step-by-step explanation:
Step one:
given data
Maya
P=$1650
r=5%= 0.05
t= 4 years
The simple interest expression is
A=P(1+rt)
A=1650(1+0.08*4)
A=1650(1+0.32)
A=1650(1.32)
A=1650*1.32
A=$2178
James
P=$1600
r=8%= 0.08
t=4years
The compound interest expression is
A=P(1+r)^t
A=1600(1+0.08)^4
A=1600(1.08)^4
A=1600*1.360
A=$2176
<em>After 4 years Mayas' balance is $2178</em>
<em>After 4 years James' balance is $2176</em>
<em>the difference is =2178-2176=$2</em>