Ill give brainlist just answer correct
2 answers:
You might be interested in
Answer:
Maureen earned $123.19 doing odd jobs
Step-by-step explanation:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per unit year and t is the time in years for which the money is invested or borrowed.
In this question:
Compounded quarterly means that
10 years, so
9% interest, so
There is $300.00 in the account, which means that
How much did Maureen earn doing odd jobs?
This is P.
Maureen earned $123.19 doing odd jobs
<h3>Write an equation that will match the story problem</h3>
<em><u>Solution:</u></em>
Given that,
David goes into a candy store with $5.00
Total amount with David = $ 5
He buys 9 peppermints for $0.15 each
And some sour candies. each sour candy costs $0.25
The equation is:
Let the number of sour candies bought be "x"
Then,
Remaining amount after buying pepper mint =
Each sour candy cost $0.25
<em><u>Now the number of sour candies bought is:</u></em>
x = 14.6
Thus david can buy 14 sour candies
<em><u>Thus the equation that will match the story problem is:</u></em>
Where, "x" means number of sour candies bought