Answer:
$7153.03
Step-by-step explanation:
To find the total amount after 3 years, we can use the formula for compound tax:
P = Po * (1+r/n)^(t*n)
where P is the final value, Po is the inicial value, r is the rate, t is the amount of time and n depends on how the tax is compounded (in this case, it is semi-annually, so n = 2)
For our problem, we have that Po = 5000, r = 12.3% = 0.123, t = 3 years and n = 2, then we can calculate P:
P = 5000 * (1 + 0.123/2)^(3*2)
P = 5000 * (1 + 0.0615)^6
P = $7153.029
Rounding to the nearest cent, we have P = $7153.03
Answer:
D 57
Step-by-step explanation:
The value of X
Answer:
C. 4m + 3 > 75
Step-by-step explanation:
There is only one private chef's table so this remains constant at 3. There are m number of tables that will seat 4 people so 4 is multiplied by m.
The criteria to find out the x-intercept of the line is we find out the result when
y = 0
- 2x + 5y = -20
- 2x + 0 = -20
x = -20 / -2
x = 10
hope this helps
Answer:
what was the initial amount?
Step-by-step explanation:
i might need more information.
