Answer:
$1015.11
Step-by-step explanation:
Compounded interest rate formula: A = P(1 + r/n)^t
Step 1: Plug in known variables
A = 1000(1 + 0.005/12)^36
Step 2: Multiply it all together
1000(1.00042)^36
1000(1.01511)
1015.11
This is a pretty bad bank considering only giving you .5% interest per month.
Answer:
2-2/3 hours
Step-by-step explanation:
1/4 + 2/3 + 1-3/4 = 1/4 + 2/3 + 7/4. Use common is 12, so we get 3+8+21/12 = 32/12. Simplify equal 8/3 or 2-2/3 hours!
Answer:
47 apples
Step-by-step explanation:
50 apples - 3 apples
47 apples