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.
Find the rectangle area
A = 8*4 = 32 in²
Find the height of trapezoid
8-4 = 4 in
Find the area of trapezoid
(5,3+8)*4/2 = 13,3*4/2 = 53,2/2 = 26,6 in²
Find the figure area
26,6+32 = 58,6 in²
26< any number larger than 26 (whole numbers and fractions/decimals)
5% = 0.5
0.5n = 85
Divide by 0.5
0.5n = 85
/0.5 /0.5
n = 170.
The number is 170.
Cost/(number of cassettes) = $14.50/2 = x/15
Multiply by 15 to solve
15*($14.50/2) = x = $108.75
15 cassettes will cost $108.75.
