33 divided by 3 is 11 plus 10 is 21 so your answer is 21:)
4% compounded monthly: $10000(1+0.04/12)^36 = $11272.72
3.5% compounded continuously: $10000e^[0.035*3] = $11107.11.
Which one pays the most in interest?
Answer:it is 4.5
Step-by-step explanation:
Answer:
165000
Step-by-step explanation:
simple interest
PV(1+it)
150000(1+5*.02)
=165000
if you need it then the interest earned would just be 165000-150000= 15000
Step-by-step explanation:

Multiply both sides of the equation by

Then you will end up with

on one side and b on the other since the numerator and denominator cancel each other out