The percentage change is 20
In this problem the question asked is what principal should be invested on a rate of interest of 3.6% for 10 years to get the totals amount as 50000$
the formula for compound interest is
A=P*(1+R/100)^T
we shall replace the formula
50000=X*(1+3.6/100)^10
50000=x*(100/100+3.6/100)^10
50000=x*(103.6/100)^10
50000=X*(1.036)^10
50000=1.4242x
50000/1.4242=X
35107.42=X
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Answer:
104
Step-by-step explanation:
Two shoes=20
Guy= 5
Glasses= 2
Boxing glove= 20
One shoe+guy with shoes, glasses, and gloves*glasses=104
Answer:
First deposit - Same amount
Second deposit - Sylvia
Third deposit - Sylvia
Step-by-step explanation:
Leroi put $200 in their account. They will add $40 every week.
Deposit 1: $240
Deposit 2: $280
Deposit 3: $320
Sylvia put $200 in their account. They will add 20% of the amount in the account each week.
Deposit 1: $240 (20% of $200 is $40)
Deposit 2: $288 (20% of $240 is $48)
Deposit 3: $345.60 (20% of $288 is $57.60)
So, Sylvia and Leroi have the same amount of money in their accounts after the first deposit. After the second and third deposit, Sylvia has more money.
