The total amount accrued, principal plus interest, with compound interest on a principal of $3,000.00 at a rate of 6% per year compounded 1 times per year over 3 years is $3,573.05.
<h3>Compound Interest</h3>
Given Data
A = P + I where
P (principal) = $3,000.00
I (interest) = $573.05
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 6/100
r = 0.06 rate per year,
Then solve the equation for A
A = P(1 + r/n)^nt
A = 3,000.00(1 + 0.06/1)^(1)(3)
A = 3,000.00(1 + 0.06)^(3)
A = $3,573.05
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Step-by-step explanation:
sorry we're is the question
Answer:
D. 1.12
Step-by-step explanation:
I calculated it logically
Answer:
the marked answer is correct
Step-by-step explanation:
The desired end result is an identity matrix in the first three columns. The diagonal values are 1, as needed, so what remains is to eliminate the off-diagonal values. In row 2 that can be done by adding row 3 to it.
The next step should be to add rows 2 and 3 and replace row 2 with that sum.
Answer:
Select all the expressions which have 3 as the greatest common factor of the terms.
b + 3 + 6c
27n + 66p
38 – 9j + 6k
12x + 75y + 21
–32 – 24z