Answer:
$8950.37
Step-by-step explanation:
Use the compound amount formula A = P(1 + r/n)^(nt), in which P is the initial amount of money (the principal), r is the interest rate as a decimal fraction, n is the number of times per year that interest is compounded, and t is the number of years.
Here we have A = $11,000, n = 2, r = 0.07 and t = 3, and so:
$11,000 = P(1 + 0.07/2)^(2*3), or
$11,000 = P (1.035)^6
$11,000 $11,000
Solving for P, we get P = ---------------- = ------------- = $8950.37
1.035^6 1.229
Depositing $8950.37 with terms as follows will result in an accumulation of $11,000 after 3 years.
Answer:
9, 10, 11, 12, and 13
Step-by-step explanation:
The first term is determined when n=1, therefore a(1)=1+8=9
The second term is determined when n=2, therefore a(2)=2+8=10
The third term is determined when n=3, therefore a(3)=3+8=11
The fourth term is determined when n=4, therefore a(4)=4+8=12
The fifth term is determined when n=5, therefore a(5)=5+8=13
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Answer: 108 pancakes
Step-by-step explanation:
if you make 20 pancakes with 1 and 2/3 of flour,
with 9 cups you will make
(20*9)/ 1 &2/3
1 2/3= 5/3 we enter the whole in the fraction
(180)/(5/3)= 180*3/5=108 pancakes
2 x 230 = 231
I’m not 100% sure if this is correct?? Hope it helps though