The answer is $654.06.
5.5% of $575 is $31.63. 575 x 0.055 = 31.63
This means that in one year he earns $31.63. In two years it will be $63.25 (31.63 x 2 = 63.25)
Then in half a year it will be $15.81 (31.63/2 = 15.81)
Finally add 15.81 and 63.25 to get $79.06 which you then add to the initial $575 to get the total amount earned in 2 1/2 years which is $654.06.
You plug in x for 3 so it would be 10(3) + 2, and 10 times 3 is 30 and 30 plus 2 is 32
Answer:
Answer:
Step-by-step explanation:
Step-by-step Explanation:
The total amount of interest earned each year will be
5.2% × $1,500,000 = $78,000
_____
We would need to know more about the beneficiaries (their number and the way they might split the proceeds) and how they might use the balance in the account (whether interest only, or interest and principal are withdrawn) before we could answer the question asked.
The expression is 5-3L or five minus three L
