Answer:
$72
Step-by-step explanation:
I did 36 x 2. I did not subtract the -6 for the prize money because it says not to.
X = A/y
You divide the y from both sides
The y on the right cancels
On the left you have A/y = x
Answer:
You have to use the formula for compound interest which is: A=P(1+r/n)^nt
The Givens info is:
A=?
P=1000
r= 6% = 0.06 (convert into decimal)
n=12(# of interest periods: since it is monthly n=12)
t=10
Now your formula should look like this:
A= 1000*(1+(0.06/12))^12*10
A=1000*(1.005)^120
A=1000*(1.819396734)
A=$1819.40
Step-by-step explanation:
