Answer:
1 year: $2060
2 years: $2121.80
3 years: $2185.45
Step-by-step explanation:
Compound interest formula is A = P(1 + 
) where A is the final amount, P is the initial principal balance, r is the interest rate, n is the number of times interest applied per time period, and t is the number of time periods elapsed. In our case, P would be equal to 2000 dollars, r would be equal to 0.03, for 3 percent, and our n value would just be one, so the final equation is:
First, let's evaluate t for 1, as in one year.
= 2000 x 1.03 = 2060
Two years: 2000 * 1.03 squared = 2121.80
Three years: 2000 * 1.03^3 = 2185.45!
Hope this helps!
It is zero *more characters to fulfill answer requirements*
Answer:i believe it is the first answer
Step-by-step explanation:
I believe it's b.
Hope this helped!
Answer:
5
Step-by-step explanation:
if the ratio is 1:6, and its yellow to total, that means that you would need to subract 1 from 6 to get the number to blue counters needed to get the correct ratio
