Answer:
$268.78
Step-by-step explanation:
We will use the compound interest formula to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
First, change 3% into its decimal form:
3% -> 
-> 0.03
Now, plug in the values:
After 10 years, you will have $268.78
c/2-3+6/d
substitute c=14 and d=13:
14/2-3+6/13
simplify:
7-3+6/13
4+6/13
multiply 4 by 13/13 to group like terms (for a fraction):
52/13+6/13
combine:
58/13
Therefore, the answer is 58/13 or around 4.462
Answer:
Step-by-step explanation:
let y represent number of years...
9 ft tall = (12 * 9) = 108 inches
10 ft tall = (12 * 10) = 120 inches
Type A : 9 ft (or 108 inches) and grows 6 inches per year..
108 + 6y
Type B : 10 ft (or 120 inches) and grows 3 inches per yr
120 + 3y
how many years will it take them to be the same height...so when will they be equal....so set them equal and solve for y
108 + 6y = 120 + 3y
6y - 3y = 120 - 108
3y = 112
y = 112/3
y = 37 1/3 years....or 37 years and 4 months <====
check...
108 + 6(37 1/3) = 120 + 3(37 1/3)
108 + 6(112/3) = 120 + 3(112/3)
108 + 672/3 = 120 + 336/3
672/3 - 336/3 = 120 - 108
336/3 = 112
112 = 112 (correct)
The value is -3.2. Hope it helps!
