Answer:
A ≈ $500
General Formulas and Concepts:
<u>Pre-Alg</u>
- Order of Operations: BPEMDAS
<u>Algebra I</u>
Compounded Interest Rate: A = P(1 + r/n)ⁿˣ
- A is final amount
- P is initial (principle) amount
- r is rate
- n is number of compounds
- x is number of years
Step-by-step explanation:
<u>Step 1: Define</u>
P = 230
r = 0.063
n = 365
x = 12
<u>Step 2: Solve for </u><em><u>A</u></em>
- Substitute: A = 230(1 + 0.063/365)³⁶⁵⁽¹²⁾
- Divide: A = 230(1 + 0.000173)³⁶⁵⁽¹²⁾
- Multiply: A = 230(1 + 0.000173)⁴³⁸⁰
- Add: A = 230(1.00017)⁴³⁸⁰
- Exponents: A = 230(2.1296)
- Multiply: A = 489.808
John's. Find the first common multiple of both denominators, in this case it's going to be ten, then the number you had to multiply to change these numbers to the common multiply you do to the numerators. so it works out like so:
Deena has a bottle of 4/10
John has a bottle of 25/10 or 2 1/2 (simplified)
I would have to say 85 but thats just a guess.
Answer:
p(6) = 7
Step-by-step explanation:
p(n) = n + 1
Let n = 6
p(6) = 6 + 1
p(6) = 7
A(t) = P(1+(r/n))^(nt)
A(3) = 500(1+0.04/1))^(1*3)
A(3) = 500(1.04)^3
A(3) = $562.43
