Which is greater three hours or 300 minutes
2 answers:
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1. Balance after 1 year with simple interest= 600 + (2.5 x 12) = 600 + 30 = $630
2. Balance after 1 year with compounded interest = P ( 1 +
= 600 ( 1 + = 600 (1.0511) = $630.66 = approx. $630
A nickel is equal to 5 cents or 0.05 dollars.
A quarter is equal to 25 cents or 0.25 dollars.
Let number of nickels be = n
Let number of quarters be = q
...........(1)
As it is given, there are 3 more nickels than quarters so equation becomes,
................(2)
Plug in the value of 'n' from (2) in (1)
=
As we get,
Hence, there are 12 nickels and 9 quarters.