Step-by-step explanation:
$800 × 5% = $40
for 1 year, I earn $40
100 ÷ 40 = 2 remainder 2
Therefore I would have to leave the money in for at least 3 years to earn $100
Answer:
To me it looks like B
Step-by-step explanation:
RIP King Von
Answer:
In 37 years the population will be 125,012
Step-by-step explanation:
Giving the following information:
Initial population (PV)= 67,000
Growth rate (g)= 1.7%= 0.017
Number of years (n)= 37
<u>First, we will establish the future value (FV) formula:</u>
FV= PV*(1+i)^n
FV= 67,000*(1.017^n)
<u>Now, for 37 years:</u>
FV= 67,000*(1.017^37)
FV= 125,012
In 37 years the population will be 125,012
I think it is A because you have to do the math
