91.773
is your answer by the way
In order to solve this question we first have to break down the terms.
Sum = Adding
Times = Multiplying.
The question states "3 times the sum of a number n and 12 is 45". In written form, it would be the following:
3(12+n) = 45
To solve this you first divide both sides by three and you'd be left with the following:
(12+n) = 15.
Then subtract 12 from both sides. Leaving you with:
n = 3
Answer:
$5,909.97
Step-by-step explanation:
We will use the compound interest formula for this problem as shown below:

<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
<em />
First, change 3.6% into a decimal:
3.6% ->
-> 0.036
Now plug in the values:


After 2 years, the balance would be $5,909.97