Ok so what we need to find is 3 years of the simple interest so let’s get to it!
Ok so we found the principal price which is 250.00
And our rate is going to be 2.85%
A=P(1+rt)
Therefore the answer is going to be A=$271.38, therefore from the simple interest on a principal of $250.00 at a rate of 2.85% per year for 3 years is $271.38.
Answer:
Job C
Step-by-step explanation:
Since he's paid semi monthly,literally half a month, which is 1125$
Then full month will be 1125×2
Which is 2250
Then annually would be 2250×12=27,000
Formula for growth:
y = initial • (percent growth + 1)^time/frequency of growth
So, since initial population is 382
Percent growth is 0.007
The time is 30 years
And it goes it by .07% every 1 year,
y = 382 • (1.007)^30/1
y= 470.9203732 people
Since we can’t have 0.9 of a person, the population after 30 years will be 470 people.