Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above and solve for P
Sent the solution with explanation.
1 pound of coffee costs 6.95
3.4 pounds will cost 6.95 x 3.4 = 23.63
The answer is 35 pounds because,
56 / 8=7 so 5x 7 =35 pounds