I'm guessing it is C because after you solve for n (you need to multiply the five over to isolate n), you get 20.
No, 1 and 3/9 can be simplified to 1 and 1/3
Answer:
B. $840
Step-by-step explanation:
Given that
Rate of simple interest = 3.5%
Principal amount = $12,000
Time = 2 year
To find:
Interest earned = ?
Solution:
Formula for Simple Interest is given as:

Where P is the principal amount
R is the annual Rate of interest
T is the time for which principal was invested.
Here, we are given that:
P = $12,000
R = 3.5%
T = 2 years
Putting all the values in the formula:

So, answer is:
B. $840
Answer:
a) growth
b) $500
c) 6% = 0.06
d) 
e) $595.51
Step-by-step explanation:
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<u>Part (a)</u>
Exponential GROWTH, since interest is applied to the account each year.
<u>Part (b)</u>
Initial amount = $500
<u>Part (c)</u>
Growth factor = 6% = 0.06 (in decimal form)
<u>Part (d)</u>
General form of exponential growth function:

where:
- a = initial amount
- r = rate of growth (in decimal form)
- x = time (in years)
Given:


<u>Part (e)</u>
when x = 3

Answer: 90 degrees clockwise
Step-by-step explanation: