The total cost for one can is: $25.41.
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Let us assume that we want to know the total cost of ONE CAN.
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To calculate our answer:
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$ 23.97 + [ (6/100) * 23.97)] = Our answer, in dollars.
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Note: "6%" = 6/100 = 0.06
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Rewrite as:
____________
$ 23.97 + [ (6/100) * 23.97)] = our answer, in dollars;
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$ 23.97 + (0.06 * 23.97)
= $ 23.97 + 1.4382
= $ 25.4082 ; Round to decimal places, to get:
<span>→ $ 25.41
</span>__________________________________________
The account balance after 3 years if the interest is compounded continuously is $5,142.62
<h3>How to find compound interest?</h3>
- Principal, P = $4,700
- Time,t = 3 years
- Interest rate, r = 3%
r = 3/100
r = 0.03 rate per year,
A = Pe^rt
A = 4,700.00(2.71828)^(0.03)(3)
= 12,775.916^0.09
A = $5,142.62
Therefore, the account balance after 3 years if the interest is compounded continuously is $5,142.62
Learn more about compound interest:
brainly.com/question/24924853
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Answer:
Step-by-step explanation:
Given that X the time to complete a standardized exam in the BYU-Idaho Testing Center is approximately normal with a mean of 70 minutes and a standard deviation of 10 minutes.
We have 68 rule as 2/3 of total would lie within 1 std deviation, and 95 rule as nearly 95% lie within 2 std deviations from the mean.
We have std deviation = 10
Hence 2 std deviations from the mean
= Mean ±2 std deviations
=
±20
= 
Below 50, 0.25 or 2.5% would complete the exam.
Sum of interiors =exterior
