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SashulF [63]
3 years ago
5

A jar of jelly that weighs 4.25 ounces costs $2.89. What is the cost of one ounce of jelly?

Mathematics
1 answer:
maria [59]3 years ago
4 0
4.25 + $2.89.= $7. 1 4
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Lolita deposited 500 in her savings account that earns 5% intrest compounded anually. She forgot about it until now, 15 years la
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Answer:

P = 1039.5

Step-by-step explanation:

Given:-

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Find:-

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Solution:-

- We see that the principal amount increases every year and no transactions have been made in the course of 15 years.

The total amount left in her savings account would be given by the following formula:

                         P = Po * ( 1 + I/100 )^n

- Where, n = number of years passed since deposit. (15 years)

                        P = 500 * ( 1 + 5/100 )^15

                        P = 500 * (1.05)^15

                        P = 1039.5  

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