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3 years ago

the $700 you put into the bank is being continuously at 1.2%. how much will it be worth after 3 years?

Mathematics

1 answer:

Olin [163]3 years ago

7 0

Answer:

$983.45

Step-by-step explanation:

Given data

Principal= $700

Rate= 1.2%

Time= 3 years

The compound interest expression is given as

A= P(1+r)^t

A= 700(1+0.12)^3

A= 700(1.12)^3

A= 700*1.404928

A=$983.45

Hence the balance will be $983.45

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Interoperate your solution in the context of the problem.<br> f(10)=1.75r+9

iVinArrow [24]

Answer:

Simplifying

f(r) = 5 + 1.75r

Multiply f * r

fr = 5 + 1.75r

Solving

fr = 5 + 1.75r

Solving for variable 'f'.

Move all terms containing f to the left, all other terms to the right.

Divide each side by 'r'.

f = 5r-1 + 1.75

Simplifying

f = 5r-1 + 1.75

Reorder the terms:

f = 1.75 + 5r-1

Step-by-step explanation:

tada i think

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