Answer:
625
Step-by-step explanation:
basically, half of 500 is 250 halve that you get a quater of 500 (25%)
500+125=625
Answer:
$3,623.84 Exact answer without rounding | $3,623.85 ~ (Approximent Answer with rounding.)
Step-by-step explanation:
Compound Interest Has a Specific Formula:
This case is Exponential Growth.
Formula: y= ab^x
You need to set up the equation.
First we need to define the rate of growth meaning what do you have to do for the 6.5%.
You need to do 100% + 6.5% = 106.5%
You need to convert the percent to a decimal which will be 1.065
Now we need to start plugging things into our formula to solve.
Your initial Starting amount was $3000
So you need to have y=3000(b)^x
We now know that the rate of growth is 1.065 so the b would be 1.065
y=3000(1.065)^x
Our power to x is our 3.5 years.
Our Equation now:
y=3000(1.065)^3
Now you need to use a calculator to do this due to the amount of decimals and digits.
Remember pemdas when doing this!!!
The answer should result to $3,623.84 but if rounded then: $3,623.85
Answer:
you will need to know what's his gross monthly income and multiply by 25%that will give you the amount of taxes withheld and then subtract that from gross monthly income and that will give you Monthly take home pay.
The common ratio of the given geometric sequence is the number that is multiplied to the first term in order to get the second term. Consequently, this is also the number multiplied to the second term to get the third term. This cycle goes on and on until a certain term is acquired. In this item, the common ratio r is,
r = t⁵/t⁸ = t²/t⁵
The answer, r = t⁻³.
The next three terms are,
n₄ = (t²)(t⁻³) = t⁻¹
n₅ = (t⁻¹)(t⁻³) = t⁻⁴
n₆ = (t⁻⁴)(t⁻³) = t⁻⁷
The answers for the next three terms are as reflected above as n₄, n₅, and n₆, respectively.
