Answer:
The correct answer is $3300 for simple interest and $3312.24 for compound interest.
Step-by-step explanation:
Income as working as a lifeguard = $3000
We deposit the money in a bank which offers 2% interest annually for a period of 5 years.
Case 1 : Calculating simple interest for the given situation.
Amount after 5 years = 3000 + 3000 × 2 × 5 × = $ ( 3000 + 300) = $3300.
Case 2 : Calculating compound interest for the given situation.
Amount after 5 years = 3000 × = $ 3312.24.
Thus the amount after 5 years amount simply is $3000 and compoundly is $3312.24
Answer:
70
Step-by-step explanation:
all angles in a triangle add up to 180
if two sides are equal their angles are equal
180-40
140÷2
70
On the first play the Tigers lost yards. The number of yards they lost was 3 yards. We know this because the integer that is shown is -3. This negative value is move to the left or down on the number line. It represents a negative change, and in football it is a loss of yards.
Answer:
$5,788.13
Step-by-step explanation:
For any amount p , if rate of interest is r% yearly
its value after time t years is given by
value after t years = p(1 + r/100)^t
__________________________________
given
p = $5000
r = 5%
t = 3 year
balance after t years = 5000( 1 + 5/100)^3 = 5000(21/20)3
balance after t years = $5,788.13 (answer)
Answer:
6 groups with 3 flowers
Step-by-step explanation: