The answer:
it would take 9 years for the account to grow to $12,700
the steps:
10,000 x .03 = 300
2,700 divided by 300 is 9
Formula: total = principal x (1 + (interest rate x loan time))
total = 1000 x (1 + (0.055 x 2))
total = 1000 x (1 + 0.11)
total = 1000 x 1.11
total = $1110
Answer:
You would have to subtract 7/10
Step-by-step explanation:
87/10 - 7/10 would equal 8
Answer:
1. 120
2. 2600
Step-by-step explanation:
6% of 2000 = 120
2000+120(5)
2000+600
=2600
This equation says that 6 = 4, which is incorrect. However, if there was no - 2 on the right side of the equation the answer would be correct as 6 = 6
