3% = 3/100 = 0,03
When it's compount interest it's 1,03 because you gain 3% more from what you already have.
All you need to do
1,03•2000=2060$ for the first year
And then for the second year, you take the actual amount after one year of 3%
1,03•2060=2121,8
After two years, there will be 2121,8$
Answer:
5% p.a will rate of interest
I hope this helps you
x+11=5x-5
4x=16
x=4
Answer:
0
Step-by-step explanation:
Combine like terms, perform the operations with the coefficients of the variable, then write the variable.
10r - 5r + 3r - 8r
= 5r + 3r - 8r
= 8r - 8r
= 0
Answer:
Probably red ball because it has higher amount
