I = prt
I = 4,658 • 0.07 • 12
I = $3912.72
Hope this helped
Answer:
2121.8
Step-by-step explanation:
The principal is 2000
Rate is 3%
Time is 2 years
Therefore the amount that will be present in the account after 2 years can be calculated as follows
= 2000 × (1+0.03)^2
= 2000 × 1.03^2
= 2000 × 1.0609
= 2121.8
Answer:
Kylie could have a $5 bill and seven quarters while Ethan could have two $1 bills and forty pennies.
Step-by-step explanation:
Since Kylie has seven quarters, that is seven multiplied by the value of the quarter, a quarter is 25 cents. So 7 x 25 = 125 OR $1 and 25 cents. Leaving Kylie with a total of $7 and 25 cents with the addition of the $5 bill.
Ethan has two $1 bills and forty pennies, forty multiplied by the value of the penny, a penny is 1 cent. So 40 x 1 = 40 OR 40 cents. Leaving Ethan with $2 and 40 cents with the addition of the two $1 bills from earlier.
Ethan has more bills and coins than Kylie and yet still has less money than Kylie.