Answer: 35 gold beads and 15 non-gold beads
Step-by-step explanation:
70% of 50
.70×50 = 35
50 - 35 = 15
The intital amount deposited was $18485.82.
<h3>How to find the compound interest?</h3>
If n is the number of times the interested is compounded each year, and 'r' is the rate of compound interest annually, then the final amount after 't' years would be:
An account has $26,000 after 15 years. The account received 2.3 percent interest compounded continuously.
A = 26000
R = 0.02.3
Therefore, the intital amount deposited was $18485.82.
Learn more about compound interest here:
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Answer:
lol i have same
Step-by-step explanation:
Answer:
Step-by-step explanation:
Given
Initial deposit (Principal)= $250
Rate = 2%
Time = 1year (annual interest)
Required
Amount after 1 year
First we need to calculate interest
Interest = PRT/100
Interest = 250*2*1/100
Interest 2.5 * 2
Interest = $5.0
Next is to calculate amount;
Amount = Principal + Interest
Amount = $250 + $5
Amount = $255
Hence the value of a savings account at the Owl Credit Union at Dundalk High School that has an initial deposit of $250 and pays an annual interest rate of 2% is $255.
Amount = P + I
