To help Carmen find the total after 3 years
We'll have to use the annual compound interest formula: A = P(1 + r)ⁿ
A = Final balance (?)
P = Principal balance (6000)
r = Rate (0.028)
n = years (3)
A = 6000(1 + 0.028)³
A = 6000(1.028)³
A = 6000(1.086373952)
A = 6518.243712
Round that to the nearest cent, and we get $<u>6,518.24 </u>as the answer.
Answer: 65/100 or simplified
Step-by-step explanation:
-2, -5, -8
You're subtracting three each time.
