After three years, your investment would be $575. The formula is A=P(1+(r/n)^(n*t) where A is the final amount, P is the initial balance, r is the interest rate, n is the amount of time the interest is compounded in a year, and t is the amount of time that has passed.
P=500
r= 5% is which converted into a decimal by dividing 5 by 100 which is then 0.05
n= 1 since it is compounded annually
t= 3
Hope this helped.
Answer:
4 lbs
Step-by-step explanation:
There are 16 ounces in a pound, so divide 64 by 16 to get the number of pounds. 64 ÷ 16 = 4 lbs
Answer:
The minimum cost per unit is obtained for an order of 8 units.
Step-by-step explanation:
Since the total cost is modeled by;
C(x)=5x²+320
Then;
1 unit costs; C(x)=5(1)²+320 = 325
cost per unit 325/1 = 325
8 units costs; C(x)=5(8)²+320 = 640
cost per unit = 640/8 = 80
80 units costs; C(x)=5(80)²+320 = 32320
Cost per unit = 32320/80 = 404
The minimum cost per unit is obtained for an order of 8 units.
The answer to the question that needs to go on the top is 33
