The answer is C. I think you have to start with a negative.
3% = 3/100 = 0,03
When it's compount interest it's 1,03 because you gain 3% more from what you already have.
All you need to do
1,03•2000=2060$ for the first year
And then for the second year, you take the actual amount after one year of 3%
1,03•2060=2121,8
After two years, there will be 2121,8$
Answer:
5 years
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 4%/100 = 0.04 per year,
then, solving our equation
t = 1200 / ( 6000 × 0.04 ) = 5
t = 5 years
The time required to
accumulate simple interest of $ 1,200.00
from a principal of $ 6,000.00
at an interest rate of 4% per year
is 5 years.
Consider 8 thousandths + 6 ones 8 thousandths
We have to determine the number of thousandths in the given number sentence.
8 thousandths = 0.008
6 ones 8 thousandths = 6.008
8 thousandths + 6 ones 8 thousandths = 0.008 + 6.008
= 6.016
So, the sum is 6.016
Therefore, there are 6 thousandths in the sum of the given numbers.
