The bb and j was the source of the questions
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.
6*2=12
32-12=20
20/2=10.
Perimeter is all the way around an object. So take 6 two times and minus that from 32. Answer of that divide by 2 to get the length. Length of one side is 10 ft.
Answer: 19.5 is the answer
Step-by-step explanation: 39 divided by 2 is 19.5
Answer:
$817.60
Step-by-step explanation:
Simple interest has the formula:
Simple Interest = Principal * rate * time
here,
Principal amount is $730
The rate of interest is 3%, which is 3/100 = 0.03
The time length in years is given as 4
We find the interest amount first:
SI = P * r * t
SI = 730 * 0.03 * 4
SI = 87.6
We are asked to find FINAL BALANCE, which is PRINCIPAL + INTEREST
So,
Final Balance = 730 + 87.6 = $817.60