Answer:
I think u just add and multiple
Step-by-step explanation:
Answer:
a. $270
b. $3,278.18
Step-by-step explanation:
Given that
The principal amount is $3,000
Annual rate of interest is 3%
And, the time period is 3 years
We need to find out the simple interest & compound interest
The following formulas should be used
a. For simple interest
= Principal × rate of interest × time period
= $3,000 × 3% × 3 years
= $270
b. For compound interest
= Principal × (1 + rate of interest)^time period
= $3,000 × (1 + 0.03)3
= $3,000 × 1.03^3
= $3,278.18
Answer:
Can you take a picture of the line or at least give the slope because without that information I won't be able to find the equation.
Step-by-step explanation:
Answer:
This is a good tip and $18 is 18% of what the meal cost.
Step-by-step explanation:
On average the proper tip is 15% of the cost of your meal cost. In this case you have paid 18% of your meal cost.
