The total amount of money accrued ( principal and interest ) in 35 years is $570.78.
<h3>What is the total amount accrued?</h3>
The formula for compound interest is expressed as;
A = P( 1 + r/t )^(n×t)
Given the data in the question;
- Principal P = $200
- Rate r = 3% = 3/100 = 0.03
- Compounded monthly n = 12
- Time t = 35
- Amount accrued in 35 years A = ?
Plug the given values into the equation above.
A = P( 1 + r/n )^(n×t)
A = 200( 1 + 0.03/12 )^(12×35)
A = 200( 1 + 0.0025 )^(420)
A = 200( 1.0025 )^(420)
A = 200( 2.85390914 )
A = $570.78
Therefore, the total amount of money accrued ( principal and interest ) in 35 years is $570.78.
Learn more about compound interest here: brainly.com/question/27128740
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It will be understood that population 6,000 billion (6*10^12) in 2017.
If this is not the case, follow the logic and the final number can be adjusted easily.
Mathematical answer:
In 2017: 6,000 billion=6000*10^9 =6*10^12
rate of increase = 1.3% per year (assumed constant)
final year = 2100
Population estimate in 2100
=6*10^12*(1.013^(2100-2017))
=6*10^12*(1.013^(83)
=6*10^12*(2.921352509198383)
=17.528*10^12
=17,528 billion.
(2/7)m - (1/7) = 3/14
2m/7 =(3/14) + (1/7)
2m/7 = (3/14) + 2(1/7)
here we are multiplying 2 with 1/7 to make the denominator same for addition.
2m/7 = (3/14) +(2/14)
2m/7 = (3 + 2)/14
2m/7 = 5/14
2m = (5 *7)/14
2m = 35/14
2m = 5/2
m = 5/4
m = 1.25
So the value of "m" is 1.25
Answer:
I think 52% of students chose art
Step-by-step explanation:
