Step-by-step explanation:
step 1. let's call the amount of money A, the initial amount P, the yearly rate r, the number of compounds per year n.
step 2. A = P(1 + r/n)^(nt)
step 3. A = 1600(1 + .03/12)^((12)(5)
step 4. A = 1600(1.0025)^(60)
step 5. A = $1858.59
Answer:
I'm pretty sure it's c but I'm not sure
12%
let x represent the actual number of members last year.
current members = 675 and with an increment of 13% over previous year
to find the increment
(675 - x) / x = 0.13
675 - x = 0.13x
collect the like terms
675 = 0.13x + x
675 = 1.13 x
x = approx 597 members were there last year
its hope to increase by the same number next year
percent increase = 675 - 597 / 675 = 78 / 675 = 0.12 = 12%
8
First find all factors of 72 and 64 and put them in their respective circles
The factors of 72: 1,2,3,4,6,8,9,12,18,24,36,72
The factors of 64: 1,2,4,8,16,32,64
Now find the factors that both numbers share.
Common factors: 1,2,4,8
The greatest common factor of 72 and 64 is 8.
