Mika placed $4200 in a savings account which compounds interest continuously at a rate of 2.3%.
How much will she have in the account after 3 years?
1st year 4200 x 1.023 = 4296.60
2nd year 4296.60 x 1.023 = 4395.4218
3rd year 4395.4218 x 1.023 = 4496.5165
Round to the nearest dollar.
$4497
I’d say the answer would be d
Answer:
315
Step-by-step explanation:
10% of 350 is 35 so 35 times 9 would equal <u><em>315</em></u>
Answer:
10y + 29 ≤ -23
Step-by-step explanation:
subtract 29 from each side to get:
10y ≤ -52
y ≤ -5.2
Answer: choice A) 7017
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Work Shown:
The first term is a_1 = 24 and we go up by 7 each time.
The common difference is d = 7
The nth term formula we'll use is
a_n = a_1 + (n-1)*d
a_n = 24 + (n-1)*7
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The 1000th term corresponds to n = 1000
Replace every n with 1000
Then use the order of operations (PEMDAS) to simplify
a_n = 24 + (n-1)*7
a_1000 = 24 + (1000-1)*7
a_1000 = 24 + (999)*7
a_1000 = 24 + 6993
a_1000 = 7017
