Answer:
Interest would be $15 every 3 years
Step-by-step explanation:
Interest = Principal x Rate x Time
Interest = 100 x 5% x 3
Interest = 5 x 3
Interest = 15
Answer:
The amount that we should deposit in each bank is around $942.
Step-by-step explanation:
Case 1:
A=$1000
n = 12
t = 2
r = 3% or 0.03
p = ?
The compound interest formula is :

Substituting values in the formula;

=> 
=> 

p = $941.84
Case 2:
A=$1000
n = 365
t = 2
r = 3% or 0.03
p = ?

=> 
=>

p = $941.76
The amount that we should deposit in each bank is around $942.
Answer:
i think H(5) plus the 50 $ but it may be wrong
Step-by-step explanation:
If H is 60 then 5 times is 300 plus the 50 he already had so it all adds up to 350
Well, it depends how much is each candy bar?