Times by 3. Then divide the top backup by 3 to get 9/30. 9/30+9/30+9/30=27/30=9/10.
Answer:
0.985
Step-by-step explanation:
Given: Principal Amount (P) = $300
The rate of interest (r) = (3/4) compounded quarterly.
No. quarters in 3 years (n) = 3×4 = 12
To find: The amount for the CD on maturity. Let it will be (A)
Formula: Compound Amount (A) = P [ 1 + (r ÷100)]ⁿ
Now, (A) = P [ 1 + (r ÷100)]ⁿ
or, = $300 [ 1 + (3 ÷400)]¹²
or, = $300 × [ 403 ÷ 400]¹²
or, = $300 × 1.0938069
or, = $ 328.14
Hence, the correct option will be C. $328.14
Since ln(x) is the inverse of e^x and we want to find out when P(x)=1000, we will substitute P(x) by 1000 and then solve for x days.
1600e^0.3x = 1000
Divide 600 for both sides you will get:
5/3 = e^0.3x
Multiply ( ln ) for both sides and then divide by 0.3.
(ln 5/3)/(0.3) = x
x = 1.7
So there will be 1000 flies in approximately 1.7 days