Answer:
$576.80
Step-by-step explanation:
We have been given that Mr. Juárez opened a savings account with an initial deposit of $560 and will not make any additional deposits or withdrawals. The account earns 1% simple interest.
We are asked to find the total amount that Mr. Juárez will have in his account at the end of 3 years.
We will use simple interest formula to solve our given problem.
A = Final amount after t years,
P = Principal amount,
r = Annual interest rate in decimal form,
t = Time in years.
Let us convert 1% into decimal form,
1%=1/100=0.01
P=$560 and t=3
A=$560 (1+0.01(3))
A=$560 (1+0.03)
A= $560 (1.03)
A= $576.80
Therefore, Mr. Juárez will have $576. 80 in his account at the end of 3 years. Hope this helps!
Step-by-step explanation:
total working duration = 2 weeks
Working duration in hours = 38× 2= 76 hours
a) per year
24*3115.35 = $74768
b) 3115.35/2
$1557.675
c)
3115.35/76
$40.99
Answer:
You shoud invest $0.204, it is an small amount each month.
The formula to calculate the monthly saving is

with PP: periodic payments, A: amount desired, n: number of payments in one year, Y: number of years.
In this case A = 88, n= 12 (the payments are monthly), Y=18, APR=7%.
Replacing in the formula you obtain that 
Answer:
The mean is 3. The sum of the number is 18.
Step-by-step explanation:
1+1+1+4+4+7 = 18
18 divided by 6= 3