To solve the question we use the compound interest formula which is given by:
A=p(1+r)^(nt)
where:
A=future value
p=principle
r=rate
n=number of terms
t=time
thus plugging in the values in the formula we shall have:
A=835(1+0.04)^(4t)
simplifying this we get the sequence:
A=835(1.040)^(4t)
Thus the answer to the sequence will be:
A=835(1.040)^(4t)
Robins basket is heavier.
Teds basket: 5x7.25=36.25
Robins basket: 6x6.25=37.5
37.5-36.25= 1.25
It is heavier by 1.25 ounces or 1 and 1/4 ounces
Neither...
205/1000 equals .205
So they are both the same.
Hope this helps -J
Answer:
What I understand is that I need to give someone an exact number so that when 30% is taken, they keep exactly 35,000
To make the statement above true, we would need to divide 35,000 by 7 since the answer would be 10% of the number we need. Once we do this we get 5000 which is 10% now we multiply 5000 by 10 to get 100% and we get 50.000 once we give this amount to the person and 30% is taken away they are left with 35,000
