Answer:
Ray = 19 yrs old
Tom = 25 yrs old
John = 57 yrs old
Explanation:
Let x be the years of Tom
R = x - 6
J = 3R = 3(x - 6)
T = x
R + J + T = 101
x - 6 + 3(x - 6) + x = 101
2x - 6 + 3x - 18 = 101
5x - 24 = 101
5x = 125
x = 125/5 = 25
R = 25 - 6 = 19
J = 3(25 - 6) = 57
T = 25
There is not a formula for everything need more data
The account balance after 3 years if the interest is compounded continuously is $5,142.62
<h3>How to find compound interest?</h3>
- Principal, P = $4,700
- Time,t = 3 years
- Interest rate, r = 3%
r = 3/100
r = 0.03 rate per year,
A = Pe^rt
A = 4,700.00(2.71828)^(0.03)(3)
= 12,775.916^0.09
A = $5,142.62
Therefore, the account balance after 3 years if the interest is compounded continuously is $5,142.62
Learn more about compound interest:
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Answer:a rational number is any number that can be expressed as the quotient or fraction p/q of two integers, a numerator p and a non-zero denominator q.
