Answer:
$1077.283
Step-by-step explanation:
When complete the first year the amount will be:
1000 * 1.015= 1015
1.015 because the rate is added to the initial amount, that is: 100%+1.5% = 1 + 0.015= 1.015
When complete the second year the amount will be the last year amount adding the rate interest:
1015*1.015=1030.225.
To the third year:
1030.225*1.015=1045.678
To the fourth year:
1045.678*1.015=1061.363
To the fifth year:
1061.363*1.015=1077.283
First, you need to convert 5 1/4 feet to inches. 5.25 x 12 = 63 inches. The ratio of the height of the model to the height of the actual statue in simplest form is 1/42. I don't know if this is correct but I hope this helps you in any way.
Answer:
4760
Step-by-step explanation:
Simple interest formula:
PV(1+it)
4250(1+.04*3)=4760
I am not a college student so I am sorry or you could ask your friends.
