Answer:
$3,623.84 Exact answer without rounding | $3,623.85 ~ (Approximent Answer with rounding.)
Step-by-step explanation:
Compound Interest Has a Specific Formula:
This case is Exponential Growth.
Formula: y= ab^x
You need to set up the equation.
First we need to define the rate of growth meaning what do you have to do for the 6.5%.
You need to do 100% + 6.5% = 106.5%
You need to convert the percent to a decimal which will be 1.065
Now we need to start plugging things into our formula to solve.
Your initial Starting amount was $3000
So you need to have y=3000(b)^x
We now know that the rate of growth is 1.065 so the b would be 1.065
y=3000(1.065)^x
Our power to x is our 3.5 years.
Our Equation now:
y=3000(1.065)^3
Now you need to use a calculator to do this due to the amount of decimals and digits.
Remember pemdas when doing this!!!
The answer should result to $3,623.84 but if rounded then: $3,623.85
Answer:
a constant is a data item whose value cannot change during the program execution just as its name implies that the value is constant a variable is a data item whose value can change during the program's execution . Thus as its name implies the the value can vary
Answer:c
Just had it on apex
Step-by-step explanation:
Answer:
Yes
Step-by-step explanation:
All even numbers are divisible by two.
Answer:
49b^2 -36 = (7b -6)(7b +6)
so because there you missed some signs in these wrote choices
hope helped
Step-by-step explanation:
