It is $6 more now than before...maybe you were looking for percent increase?
%change=100(final-initial)/initial
%change=100(10-4)/4=150% increase
Answer:
17 years
Step-by-step explanation:
3% of 2000 = 60
3000-200 = 1000
1000 ÷ 60= 16.6666666667
Round to the nearest whole number: 17
the answer is pi36 bc the formula for area is pir^2
Answer:
V = $1213.03
Step-by-step explanation:
We can determine the amount of money after 15 years with the given formula:
(1)
Where:
V: is the value of the account in t years =?
P: is the principal initially invested = $686
r: is the rate of interest = 3.8% = 3.8/100 = 0.038
t: is the time = 15 years
By substituting the above values into equation (1) we have:
Therefore, the amount of money is $1213.03.
I hope it helps you!