This is the concept of application of compound interest, to calculate the amount I will have after the 5th deposit we proceed as follows;
A=p(1+r/100)^n
where;
A=future amount
p=principle
r=rate
n=number of years
thus substituting the values in our formula we get:
A=3,100(1+8.5/100)^5
A=3,100(1+0.085)^5
A=3100(1.085)^5
A=4,666.34
The amount of money after 5 years will be $4,666.24
This is a part:part ratio. to solve it we need to convert it into a part:whole ratio. we do this by adding the parts. the ratio of pumpkin cans to total cans is 5:7. 140/7=20. 20x5=100. 20x2=40. The answer is B. 40 cans.
Answer:
530.66
Step-by-step explanation:
A = πr²
13 x 13 = 169
169 x 3.14 = 530.66
Let me know if this helps!
Answer:
There is only 1 option!!!
