Ethan invests $3000 in a mutual fund that earns 6% interest per year compounded monthly. After 10 years, the investment is worth
1 answer:
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Here's a pattern to consider:
1+100=101
2+99=101
3+98=101
4+97=101
5+96=101
.....
This question relates to the discovery of Gauss, a mathematician. He found out that if you split 100 from 1-50 and 51-100, you could add them from each end to get a sum of 101. As there are 50 sets of addition, then the total is 50×101=5050
So, the sum of the first 100 positive integers is 5050.
Quick note
We can use a formula to find out the sum of an arithmetic series:
Where s is the sum of the series and n is the number of terms in the series. It works for the above problem.
1+100=101
2+99=101
3+98=101
4+97=101
5+96=101
.....
This question relates to the discovery of Gauss, a mathematician. He found out that if you split 100 from 1-50 and 51-100, you could add them from each end to get a sum of 101. As there are 50 sets of addition, then the total is 50×101=5050
So, the sum of the first 100 positive integers is 5050.
Quick note
We can use a formula to find out the sum of an arithmetic series:
Where s is the sum of the series and n is the number of terms in the series. It works for the above problem.
First you add up all the items and the coupon then you will get $24.51. then subtract $50.00 take away $24.51 then you will get $25.49. So when she left the store she had $25.49
