Answer:
32, 36, 40
Step-by-step explanation:
8x + 9x + 10x = 108
27x = 108
x = 4
4 × 8 = 32 - 1st side
4 × 9 = 36 - 2nd side
4 × 10 = 40 - 3rd side
In six years you will have 84% to get that mutiply 14×6 and there you have 84%
Answer:
The explicit formula that can be used is
The account's balance at the beginning of year 3 is
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above