After three years, your investment would be $575. The formula is A=P(1+(r/n)^(n*t) where A is the final amount, P is the initial balance, r is the interest rate, n is the amount of time the interest is compounded in a year, and t is the amount of time that has passed.
P=500
r= 5% is which converted into a decimal by dividing 5 by 100 which is then 0.05
n= 1 since it is compounded annually
t= 3
Hope this helped.
Answer:
Joey makes 52 dollars
Step-by-step explanation:
Answer:
3m - 5
Step-by-step explanation:
3(m - 3) + 4 Distribute the 3
3m - 9 + 4 Simplify
3m - 5
Answer:
8z+15
Step-by-step explanation:
If you are required to find A, then A=sin inverse(4/5)