1. <span>Set up the long division.
</span>
<span>245/7</span>
2. <span>Calculate 700 ÷ 245, which is 2 with a remainder of 210.
</span>
<span><span>0.02</span><span>245/7.</span><span>4.90</span><span>2.10</span></span>
3. <span>Bring down 0, so that 2100 is large enough to be divided by 245.
</span>
<span><span>0.02</span><span>245|/.</span><span>4.90</span><span>2.100</span></span>
4. <span>Calculate 2100 ÷ 245, which is 8 with a remainder of 140.
</span>
<span><span>0.028</span><span>245|/.</span><span>4.90</span><span>2.100</span><span>1.960</span><span>140</span></span>
5. <span>Bring down 0, so that 1400 is large enough to be divided by 245.
</span>
<span><span>0.028</span><span>245/7.</span><span>4.90</span><span>2.100</span><span>1.960</span><span>1400</span></span>
6. <span>Calculate 1400 ÷ 245, which is 5 with a remainder of 175.
</span>
<span><span>0.0285</span><span>245|7.</span><span>4.90</span><span>2.100</span><span>1.960</span><span>1400</span><span>1225</span><span>175</span></span>
7. <span>Therefore, 7 divided by 245 approximately equals 0.0285
</span><span><span>7÷245≈0.0285</span></span>
8. <span>Simplify
</span><span><span><span>0.0285 <------------- Answer :) </span></span>
</span>
The answer is going to be x=7
<h3>Answer: $26.62 </h3>
============================
Work Shown:
P = 20 is the amount deposited
r = 0.10 is the decimal form of the 10% interest rate
n = 1 means we compound 1 time per year (annually)
t = 3 is the number of years
Plug those four values into the compound interest formula below
A = P*(1+r/n)^(n*t)
A = 20*(1+0.1/1)^(1*3)
A = 20*(1+0.1)^(3)
A = 20*(1.1)^(3)
A = 20*1.331
A = 26.62
