Cooper opened a savings account and deposited $1,000.00. The account earns 9% interest, compounded continuously. If he wants to
use the money to buy a new bicycle in 1 year, how much will he be able to spend on the bike? Use the formula A=Pert, where A is the balance (final amount), P is the principal (starting amount), e is the base of natural logarithms (≈2.71828), r is the interest rate expressed as a decimal, and t is the time in years.
Round your answer to the nearest cent.
To get the weight of both bags you would have to first subtract the backpack's weight from the total weight. 35 - 4 = 31. Now divide by 2 to get the weight of one bag. 31/2 = 15.5. Each bag weighs 15.5 kg
