Your answer would be A because $4800 is your starting number and it increases 2% every year. How much is it in 20 years?
You use the formula ab^x
a is your starting number
b is the percentage
x is always the length of time
Since you are increasing and trying to get its worth larger than what it was before you use a number larger than one hundred percent in this case the number would be 1.02.
Y=4800(1.02)^20
Y=$7132.55
Answer:
.03 cents
Step-by-step explanation:
6 divided by 200 equals 0.03
Answer:
Simple interest is calculated by multiplying the daily interest rate by the principal, by the number of days that elapse between payments.
Step-by-step explanation:
Principal x rate x time = interest.
$100 x .05 x 1 = $5 simple interest for one year.
$100 x .05 x 3 = $15 simple interest for three years.
T=16x+96 so if he wants to receive 130$ a day he must work at least 3 hours of over time.
