Answer:
3000
Step-by-step explanation:
x = original amount of GHC
--> 1/6x = 500
x= 3000
<span>We are not told how often the interest is compounded, so assuming it is <em /><u><em>compounded yearly</em></u>, you need to keep $9.99 in the account to pay the fee.
<u><em>Explanation: </em></u>
Compound interest follows the formula A=p(1+r)^t,
where:
A is the total amount in the account,
p is the amount of principal,
r is the interest rate as a decimal number,
and t is the number of years.
<u>For our problem: </u>
A = 9.99,
p is unknown,
r = 0.018% = 0.00018,
and t=1.
<u>This gives us: </u>
9.99=p(1+0.00018)^1;
9.99=p(1.00018).
<u>Divide both sides by 1.00018: </u>
9.99=p.</span>
Answer:
5
Step-by-step explanation:
3 ÷ 0.6 = 5
Answer:
Katie will collect more than 100 seashells in 5 and a half days.
Step-by-step explanation:
Katie already has 34 seashells in her collection.
Each day, she finds 12 more seashells on the beach.
Let x be the number of days Katie is collecting seashells.
In x days, she will collect 12x seashells.
In total, she will collect seashells.
Katie wants to collect over 100 seashells, so
Solve this inequality. Subtract 34:
Katie will collect more than 100 seashells in 5 and a half days.