A person invests 2000 dollars in a bank. The bank pays 4.75% interest compounded
2 answers:
Answer:11.9
Step-by-step explanation:
Answer:
t = 2.7
Step-by-step explanation:
1. Use formula provided
2. A = 3500 B = 2000 r = 4.75 n = 12months/4 = 3 months t = ?
3. Solve
3500=2000(1+4.75/3)^3t
3t=logbase(31/12)*1500
t=logbase(31/12)*1500 / 3
t ≅2.568
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And the other one is 100 degree
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Answer:
convert 3 1/3 to an improper fraction
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