Since this is a compound interest, we will use this formula: A = P(1+r/n)^n*t
P = $1000 --> the amount that we start with
r = 8% --> this is the rate
n = 4 --> This is because it is compounded quarterly.
t = 5 --> the amount of years
A = 1,000.00(1 + 0.02)^(20)
So our final value after inserting those numbers in the equation is: $1,485.95.
3 - 5m
plug in 350 for m
3 - 5(350)
multiply
3 - 1,750
subtract
-1,747
Answer:
B is the correct answer.
Step-by-step explanation:
Answer:
The Answer is C
Step-by-step explanation:
8/5x = 1
or
1.6x = 1
Work:
Add 7/3x and 1/3x to make 8/3x. Equation: 8/3x = 1 + 5/3x
Divide 8/3x by 5/3x, looks like 8 over 3 times 3 over 5. 3s cancel each other out, leaving 8/5x. Equation: 8/5x = 1
If needed to be simplified, 8/5 = 1.6.
