Answer:
A = $3,926.71
Step-by-step explanation:
Given: Principal (P) = $3200, Annual Rate (R) = 4.1%, Time = 5 years
To find: How much money would he have in the account after 5 years, if he made no deposits or withdrawals during that time?
Formula: 
Solution: Compound interest is one of the most important concepts to understand when managing your finances. It can help you earn a higher return on your savings and investments, but it can also work against you when you're paying interest on a loan
First, convert R as a percent to r as a decimal
r = R/100
r = 4.1/100
r = 0.041 rate per year,
Then solve the equation for A
A = P(1 + r/n)
A = 3,200.00(1 + 0.041/12)
A = 3,200.00(1 + 0.003416667)
A = $3,926.71
Hence, Jay would have $3,926.71 after 5 years is if he made no deposits or withdrawals during that time.
X - an amount

To increase an amount by 3% you can multiply the amount by 1.03.
Answer:
Question 1: $115
Question 2: 40 + 25x
Step-by-step explanation:
Question 1: 40 + 25*3 = $115
Answer:
$41,875
<u>Extra</u>
a. $17,250 [($780,000 – $90,000) ÷ 40]
b. $366,000 [$780,000 – ($17,250 × 24 yrs.)]
c. $29,600 [($366,000 – $70,000) ÷ 10 yrs.]
Step-by-step explanation:
Step 1: Determine the cost of the asset
Step 2: Subtract the estimated salvage value of the asset from the cost of the asset to get the total depreciable amount

Step 3: Determine the useful life of the asset

Step 4: Divide the sum of step (2) by the number arrived at in step (3) to get the annual depreciation amount

Answer:
330,000,000,000
Step-by-step explanation:
Move the decimal to the right eleven times!