Answer: $4,365.10
Step-by-step explanation:
Ok, we know that:
The account starts with $2350
There is a simple interest of 3.75% (or 0.035).
Then after one year, the amount in the account will increase by 3.75%, this means that the amount will be:
$2350 + 0.035*$2350 = (1.035)*$2350.
After another year, we have the same increase (but applied to the new amount in the account):
(1.035)*$2350 + 0.035*(1.035)*$2350. = (1.035)^2*$2350
And so on.
You already can see the pattern here, the amount of money in the saving account after N years will be:
M(N) = $2350*(1.035)^N.
Now we can answer:
what is the balance of the account if it earns a simple interest of 3.75% for 18 years?
Just replace N by 18 in that equation:
M(18) = $2350*(1.035)^18 = $4,365.10
215 DOLLARS
271/5 = 54.2 hours
How: 2/5 +2/5+3/5 times 5 (bc its 3 different dogs with different times for 5 days) +3 (for 3 dogs) times 4/5 (bc each dog take 4/5 of an hour each) + 1/5 (for the extra 1/5 of an hour pepper wanted to stay outside)
*Important: in the parentheses are the explanation of why I did each addition or multiplication
the answer is C.12.1 units
Answer:
35 ways
Step-by-step explanation:
Seven juniors to choose three from
7 C 3 = 7! / ( 4! 3!) = 35