Answer:
$515.21
Step-by-step explanation:
Because you're compounding monthly, use the formula:

where A(t) is the amount after the compounding,
P = $500
r = .03 (always in decimal form!)
n = 12 (monthly is every month, and there are 12 months in a year) and
t = time in years
Filling in our given info:
which simplifies to
A(t) = 500(1 + .0025)¹² which simplifies to
A(t) = 500(1.0025)¹² which simplifies to
A(t) = 500(1.030415957) so
A(t) = $515.21
Answer:
91.5
Step-by-step explanation:
I did the math. Add up all the numbers and then, divide the result by two to get 91.5
Answer:
8
Step-by-step explanation:
Hope that helps
Answer: 2.5
Step-by-step explanation:
5/10 * 5
5 becomes 5/1
Multiply 5*5 and get 25
Multiply 10*1 and get 10
Divide 25/10 and get 2.5
Remember: When multiplying decimals move to the RIGHT. When dividing decimals move to the LEFT
Example Multiplying: 2.465*100
Before: 2.465
After: 246.5
Example Dividing: 156.798 divided by 100
Before: 156.798
After: 1.56798
Hope this helps!!!!
Answer:
options: 83/90 92/99 83/9 83/100. 0.92 = 92 / 100
Step-by-step explanation: