You invest $1500 in a bank account that has a 3% annual interest rate, compounded continuously. How much will you have in 15 yea
rs?
1 answer:
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Answer:
After 4 years, the value of the car would be of $5695.31.
Step-by-step explanation:
The formula for compound interest works perfectly in this case:
As in this case the repetitions per annum are just 1 (yearly), we can ignore the n.
Replacing variables with our values, a yields the depreciated value:
Answer:
Step-by-step explanation:
For this exercise you need to use the folllowing formula for calculate the Surface area of a Rectangular prism:
Where "l" is the length, "w" is the width and "h" is the height of the prism.
In this case you can identify that:
Therefore, substituting values, you get that the surface area of the shoe box is:
The 20% of this surface area is:
Since she needs 20% more than the total surface area in gift wrap to cover the box and account for overlap, you get that total amount of square inches of gift wrap that she needs is: