Answer:
Two and three fourtieths.
Step-by-step explanation:
5 6/8 + 4 4/5
= 46/8 + 24/5
= 83/40
= 2 3/40
Two and three fourtieths(2 3/40) is the answer.
Answer:
At the end of 3 years, we could save upto $ 2975.4 with an interest rate of 3.3 %
Step-by-step explanation:
If we are putting $ 2700 into our IRA ( individual Retirement Account) for 3 years and we are earning 3.3% profit every year, we need to find the total amount saved at the end of 3 years.
Since the interest is calculated for more than 1 year, this is an example of compound interest.
The formula used is:
![FV = P ( 1 + r/n) ^n^t](https://tex.z-dn.net/?f=FV%20%3D%20P%20%28%201%20%2B%20r%2Fn%29%20%5En%5Et)
where FV = future value
P= Principal amount of money deposited
r= annual interest rate ( in decimal form)
n= number of times interest rate is compounded (yearly)
t= time period
So for our given guestion:
P= $2,700
r = 3.3 % = 0.033
n= 1
t= 3
putting our values in the formula
![FV = P ( 1 + r/n) ^n^t](https://tex.z-dn.net/?f=FV%20%3D%20P%20%28%201%20%2B%20r%2Fn%29%20%5En%5Et)
![FV = 2700 ( 1+ 0.033 / 1 ) ^ 1 ^* ^ 3](https://tex.z-dn.net/?f=FV%20%3D%202700%20%28%201%2B%200.033%20%2F%201%20%29%20%5E%201%20%5E%2A%20%5E%203)
![FV = 2700 (1.033) ^ 3](https://tex.z-dn.net/?f=FV%20%3D%202700%20%281.033%29%20%5E%203)
![FV = 2975.4](https://tex.z-dn.net/?f=FV%20%3D%202975.4)
So, at the end of 3 years, we could save upto $ 2975.4 with an interest rate of 3.3 %
It would be 12 because it's twice it's number so it's multiplying and is less than 20.
Answer:
the y-coordinate of a point where a line, curve, or surface intersects the y-axis
They spent 754% of their budget on props because $1300-$754=546 and that’s how much they ended up with so $754 is the answer! I hope I’m right and I hope this helped