Answer:
$1,061.76
Step-by-step explanation:
(refer to attached handout)
For compound interest, you are given:
A = ? (need to find)
P = $1000
r = 3% = 0.03
n = compounded monthly = 12 times per year
t = 2 years
(substituting this into the formula)
A = P [ 1 + (r/n) ] ^(nt)
A = 1000 [ 1 + (0.03/12) ] ^[(12)(2)]
A = 1000 [ 1 + 0.0025 ] ^24
A = 1000 [ 1.0025 ] ^24
A = 1,061.76
Answer:
12 1/2
Step-by-step explanation:
Hi Glenishagreaves!
The easiest way to begin is to convert 2
to an improper fraction.
2 × 2 = 4 + 1 = 5.
So 2
= 
5 ×
= 
Converting to a mixed number gives a final answer of
.
(5,8)(-3,0) thats the answer fashoo shawety u fell me