Answer:
$1015.11
Step-by-step explanation:
Compounded interest rate formula: A = P(1 + r/n)^t
Step 1: Plug in known variables
A = 1000(1 + 0.005/12)^36
Step 2: Multiply it all together
1000(1.00042)^36
1000(1.01511)
1015.11
This is a pretty bad bank considering only giving you .5% interest per month.
Answer:
400
Step-by-step explanation
First, find how many cycles 5 man can make in 8 days.
400/2=200 (/ means divide)
Next, mutliply the answer to find out how many cycles 5 man can make in 16 days.
200x2=400
You just literally mark the graph, you see the 1st points (2,12) go on the X axis to 2, then go up to 12 and mark that as a point. and continue with this tactic with the rest.
