Answer:
that is the solution to the question
Answer:
card holder ticket was 807 and non holder is 403.5 (rounded up) is 403.50. Have a nice day.
This problem can be solved using the formula for interest which is: F = P (1 + i)^n where:
F = future value
P = principal value
i = interest per year
n = interest period
Since we are already provided with the values of each, direct substitution should be done. This is shown below:
F = P(1 + i)^n
F = 125000(1 + 0.035)^10
F = 176324.85
Therefore, the value of the house after 10 years will be $176,324.85
Amount the coach will pay for the tennis balls
= 30/12 x 100
= $250