Answer:
If the time passed is only 3 months, then it is $2040
Step-by-step explanation:
We can use the quarterly compounded interest equation for this problem: P(1 + r/n)^nt
Step 1: Find out how much 3 months is in a year
<em>In this case, 3/12 which is 1/4</em>
Step 2: Plug in known variables into equation
2000[1 + (0.08)/4)]^[(4)(1/4)]
Step 3: Solve/Plug in calc
You will get $2040
If the time passed in the problem is 1 year, then we can be able to solve how much money he earned per quarter. However, since only 3 months have elapsed, then he has only earned $2040.
Ans
8 option b.
Step-by-step explanation:
3+4/2+3
=3+2+3
=5+3
=8
Answer:
23 (:
Step-by-step explanation:
Step-by-step explanation:
This rule states that the same value can be added to both sides of an equation without interfering with the solving process of the equation
Answer:
Over
Step-by-step explanation:
