COMPOUNDED
not simple interest,
compound interest is neat since you earn interest on the interest you earned
ok so what you use is F=Pe^(rt)
F=future or ending amount
P=present amount
e=base of the natural log (some digits are 2.71828182845)
r=rate in decimal
t=time in years
presen amount is 400
rate is 9% or 0.09
time is 3 years
F=400e^(0.09*3)
F=400e^(0.27)
F=523.986
round
F=523.99
Answer:
Terminating
Step-by-step explanation:
12/15 = 0.8
Answer:
a
Step-by-step explanation:
Answer: 1/3 pound pecans and 2/3 pound walnuts.
Explanation:
x ==> weight of walnuts
y ==> weight of pecans
║ x + y = 1
║ 8x +2y = 6
║ x = 1 - y
║ 8x + 2y = 6
8(1 - y) + 2y = 6
8 - 8y + 2y = 6
6y = 2
y = 1/3
x = 1 - 1/3 = 2/3
