You would do the amount x multiplier3
So it would be 5000 x (1.035)cubed
The answer is 5,543.59 I think
Well, first off 1 hr =60 minutes. 60 min - 45 min = 15 minutes extra. what is one hour before 4:15? 3:15! Add the subtracted 15 minutes to get 3:30... Hope this helps
Hello! To solve this problem, we can write and solve an equation. Set it up like this:
6 + 3m = 24
This is because 6 is the one-time fixed price and you pay $3 per mile. Subtract 6 from both sides in order to get 3m = 18. Now, divide each side by 3 to isolate the “m”. 18/3 is 6. There. m = 6. Mike traveled 6 miles by taxi.
Answer:
Step-by-step explanation:
Step-by-step explanation:
step 1. let's call the amount of money A, the initial amount P, the yearly rate r, the number of compounds per year n.
step 2. A = P(1 + r/n)^(nt)
step 3. A = 1600(1 + .03/12)^((12)(5)
step 4. A = 1600(1.0025)^(60)
step 5. A = $1858.59
