A=3,500×(1+0.011÷12)^(12×4)
A=3,657.36
Interest earned
=3657.36-3500=157.36
Answer:
$2675
Step-by-step explanation:
Answer:
We end up with our original number
Step-by-step explanation:
Let x be our number
We increase by 100
increase = old number * 100%
increase = x*1
increase = x
New number = old number + increase
= x+x
=2x
Now we decrease by 50%
decrease = number *50%
= 2x*.5
=x
Final number = new number - decrease
= 2x-x
=x