The future amount of the current deposit given that the interest is simple and yearly is computed through the equation,
F = P x (1 + in)
where P is the principal amount, F is the future amount, i is the interest (in decimal form) and n is the number of years.
In this certain problem, we substitute the known values to the equation and solve for P,
2419.60 = P x (1 + (0.052)(1))
P = 2300
Thus, the initial investment was worth $2,300.
Answer:
Je ne parle pas français donc j'utilise un traducteur. J'espère qu'il n'y a pas trop d'erreurs. Le frère de Maurice a dépensé 5,20 $ et Maurice 20,80 $
Step-by-step explanation:
A) a=the initial value ($1650)
b=1-percent of decrease (0.81 or 81%)
B) About 3 years
Answer:
sorry dont know just did this to get 5 pionts :)
Step-by-step explanation:
Answer:
30 oranges
Step-by-step explanation:
2 apples : 5 oranges
12 apples : 30 oranges
because 12 apples is 6 times the original ratio, so we multiply the 5 oranges by 6 too.
