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IgorC [24]
3 years ago
13

An investor puts ​$500 in an account that pays 3​% interest compounded annually. Find the account balance after 6 years.

Mathematics
1 answer:
Ahat [919]3 years ago
6 0
Use the formula A=Asub0(1+/-intrest)^time for compounded annually. In this case it would be A=500(1+.03)^6. Hope this helps!
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Answer:

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8 0
3 years ago
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<h3>Answer: (m+n)/(mn)</h3>

Work Shown:

Josh:

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Kevin:

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We see that the rates for Josh and Kevin are 1/m and 1/n respectively. This is the amount of a room they paint in one hour. Combine the fractions

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The expression (m+n)/(mn) represents how much of the room they get painted in 1 hour. This is if they work together and it assumes neither worker slows the other one down.

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3 years ago
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