9514 1404 393
Answer:
$2.98
Step-by-step explanation:
The amount of interest earned is ...
I = P((1 +r)^t -1)
I = $9(1.1^3 -1) ≈ $2.98
Daniel will earn about $2.98 in interest in 3 years.
Tow ratios that have the same value when simplified.
Hope this helps!!;)
Answer:
<u>The equation would be:</u>
<u>p = 10,000 * (1 + 0.2)∧ t</u>
Step-by-step explanation:
1. Let's review the information provided to us to answer the question correctly:
Current population of a town = 10,000 inhabitants
Growth rate of the population = 20% annually
2. Which equation could be used to find the population after T years?
p = Population of the town after t years
t = Number of years
We will use the following equation:
<u>p = 10,000 * (1 + 0.2)∧ t</u>
For example, let's calculate the population after 6 years, replacing with the real values, we have:
p = 10,000 * (1 + 0.2)⁶
p = 10,000 * 2.986
p = 29,860 inhabitants
3 can be multiplied to 5 and the answer would be 15
3 can be added to 5 and the answer would be 8
