Answer:
i want a slushie what's your favorite slushie flavor
Step-by-step explanation:
step 1. let's call the amount of money A, the initial amount P, the yearly rate r, the number of compounds per year n.
step 2. A = P(1 + r/n)^(nt)
step 3. A = 1600(1 + .03/12)^((12)(5)
step 4. A = 1600(1.0025)^(60)
step 5. A = $1858.59
1/10 x 3000 (of means times) = 300
300 is 10 times more than what ur looking for
300/10=30
300 is 10 time more than 30