He payed 0.72
First you take 2.88, then you multiply it by 1/4 or a simpler way would be to divide 2.88 by 4. The answer is $0.72
The account balance after 3 years if the interest is compounded continuously is $5,142.62
<h3>How to find compound interest?</h3>
- Principal, P = $4,700
- Time,t = 3 years
- Interest rate, r = 3%
r = 3/100
r = 0.03 rate per year,
A = Pe^rt
A = 4,700.00(2.71828)^(0.03)(3)
= 12,775.916^0.09
A = $5,142.62
Therefore, the account balance after 3 years if the interest is compounded continuously is $5,142.62
Learn more about compound interest:
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Answer:
The ratio to water to flour is 3:2
The chef will need 2 cups of water? - im not sure
The ratio to water to flour is 3:2.25 - im not sure
The chef will need 1.5 cups of flour.
Answer:
$8.50
Step-by-step explanation:
$29.75 / 3.5 hours = $8.50 per hour
