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Blababa [14]
2 years ago
13

A toy store owner gives 47 balloons to his customers. He has 7 balloons left. How many balloons did he start with?

Mathematics
1 answer:
Mademuasel [1]2 years ago
6 0

Answer:


Step-by-step explanation:


As per the problem, we are given that

Toy store owner gave 47 balloons to his customers.

And there are 7 balloons left.

So we can find the total number of balloons the Toy store owner start with by adding the given numbers.

Hence total number of balloons the Toy store owner start with=47+7=54

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If you invested $600 at 3% simple interest for 2 years, how much interest do you earn? Show work and answer in complete sentence
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Answer:

I would rather do the second option of which uses Compound interest that will give a profit of $47.85

Step-by-step explanation:

In this problem we will be exploring the two formulas

1. simple interest

A= P(1+r*t)

2. compound interest

A= P(1+r/n)^nt

Where A= final amount

P= initial amount

r= rate

t= time.

n= number of periods Compounded

1.given data

P= $600

r= 3%= 3/100= 0.03

t= 2 years

A= 600(1+0.03*2)

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A= 600(1.06)

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2. Given data

P= $600

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n= 24

t= 2

A= 600(1+0.04/24)^24*2

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2 years ago
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