Answer:
a. $270
b. $3,278.18
Step-by-step explanation:
Given that
The principal amount is $3,000
Annual rate of interest is 3%
And, the time period is 3 years
We need to find out the simple interest & compound interest
The following formulas should be used
a. For simple interest
= Principal × rate of interest × time period
= $3,000 × 3% × 3 years
= $270
b. For compound interest
= Principal × (1 + rate of interest)^time period
= $3,000 × (1 + 0.03)3
= $3,000 × 1.03^3
= $3,278.18
Answer:
65
Step-by-step explanation:
only due .I am not very sure
Hi!
If they each got the same, then they each got 1/3 of the total $360. Therefore, we can divide 360 by 3. We can do this by dividing 36 by 3, 36/3, and that's 12. Then add the 0! 120.
Your sentence could be: "The amount of money each worker got can be represented by 360/3, which is $120."
Hope this helps! :D
Answer:
23 games
Step-by-step explanation:
40.75 divide by 1.25 comes out 23.28
