P would equal -3/7
Hope it helps!
Answer:
......................... why do people do this?......................... I remember u u did this to me when i needed help so karma ........................................................................................................
Step-by-step explanation:
Step-by-step explanation:
u take the fox over to the other side, then the chicken feed then the chicken.
Answer:
<u>Equation</u>: 
<u>The balance after 5 years is: $1742.43</u>
<u></u>
Step-by-step explanation:
This is a compound growth problem . THe formula is:

Where
F is future amount
P is present amount
r is rate of interest, annually
n is the number of compounding per year
t is the time in years
Given:
P = 1500
r = 0.03
n = 12 (compounded monthly means 12 times a year)
The compound interest formula modelled by the variables is:

Now, we want balance after 5 years, so t = 5, substituting, we get:

<u>The balance after 5 years is: $1742.43</u>
The first equation can be simplified down to 3 and -\frac{3}{2}[/tex]. Therefore, ">" is correct.
The second equation can be simplified down to 12 and 6.25. Therefore, "<" is incorrect. It should be ">".