Answer:
a) $3480
b) $4036.8
Step-by-step explanation:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Suppose that $3000 is placed in an account that pays 16% interest compounded each year.
This means, respectively, that
So
(a) Find the amount in the account at the end of 1 year.
This is A(1).
(b) Find the amount in the account at the end of 2 years.
This is A(2).
Answer:
x^3-10x^2+x+120
Step-by-step explanation:
Assuming you mean roots -3, 5, 8
These happen when we have (x+3)(x-5)(x-8)=0
Expand this
(x^2-2x-15)(x-8)=0
=x^3-2x^2-15x-8x^2+16x+120
=x^3-10x^2+x+120
Answer:
409
Step-by-step explanation:
18 x
--- = ---
22 500
18 x 500 = 9000
9000/22 = 409
A binomial squared is written like
So, we have
So, we want to complete the square
We can add and subtract 9 to write
Answer:
4 minutes
Step-by-step explanation:
looks at the 8 gallon line and follow it over to the corresponding minute line