After three years, your investment would be $575. The formula is A=P(1+(r/n)^(n*t) where A is the final amount, P is the initial balance, r is the interest rate, n is the amount of time the interest is compounded in a year, and t is the amount of time that has passed.
P=500
r= 5% is which converted into a decimal by dividing 5 by 100 which is then 0.05
n= 1 since it is compounded annually
t= 3
Hope this helped.
Answer:
it will be 1.50$ off as the discount so sold for 13.50 is the sale price
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Answer:
23.6 ft
Step-by-step explanation:
Sketch a right triangle representing this situation. The length of the hypotenuse is 26 ft and the angle of elevation from ground to top of ladder is 65°. The "opposite side" is the reach of the ladder, which we'll call x.
Then:
opp
- sin 65° = ----------
- 26 ft
or (26 ft)(sin 65°) = opp side = height off the ground of top of ladder.
Evaluating this, we get:
(26 ft)(0.906) = 23.56 ft, or, rounded off, 23.6 ft
The ladder reaches 23.6 ft up the side of the building.