Joe Cool made 85% of the free throws
1 answer:
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Answer:
The amount that we should deposit in each bank is around $942.
Step-by-step explanation:
Case 1:
A=$1000
n = 12
t = 2
r = 3% or 0.03
p = ?
The compound interest formula is :
Substituting values in the formula;
=>
=>
p = $941.84
Case 2:
A=$1000
n = 365
t = 2
r = 3% or 0.03
p = ?
=>
=>
p = $941.76
The amount that we should deposit in each bank is around $942.
Hey there!
Let's call this "number" x. We want four times the sum of this number and 15 to equal at least 120.
Therefore, we want this number times four plus fifteen to be greater than or equal to 120. We have:
Distribute:
Subtract:
Divide:
Your answer is C.
Hope this helps!