The total amount of money accrued ( principal and interest ) in 35 years is $570.78.
<h3>What is the total amount accrued?</h3>
The formula for compound interest is expressed as;
A = P( 1 + r/t )^(n×t)
Given the data in the question;
- Principal P = $200
- Rate r = 3% = 3/100 = 0.03
- Compounded monthly n = 12
- Time t = 35
- Amount accrued in 35 years A = ?
Plug the given values into the equation above.
A = P( 1 + r/n )^(n×t)
A = 200( 1 + 0.03/12 )^(12×35)
A = 200( 1 + 0.0025 )^(420)
A = 200( 1.0025 )^(420)
A = 200( 2.85390914 )
A = $570.78
Therefore, the total amount of money accrued ( principal and interest ) in 35 years is $570.78.
Learn more about compound interest here: brainly.com/question/27128740
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Answer:
Step-by-step explanation:
3w^3-2
Answer:
5/6
Step-by-step explanation:
................
Answer:
514 days
Step-by-step explanation:
We use the formula (r+n-1)/r(n-1)
There are 1540 combinations. Then, we'll divide them by three because were not just finding the amount of combinations, but the time it'd take to play them all.
We get 513.333(cont.)
thats not really possible, so we're gonna go with 514 instead, rounding up. Normally we'd round down, because the number behind the decimal is below 5, but we really want to make sure we get every combination in there.
Hope this is helpful!
Please write x^2, not x2.
If you stretch the graph of y=x^2 vertically by a factor of 4, the resulting graph represents the quadratic function y = 4x^2. It's still a parabola, but appears to be thinner.
This particular question is about horizontal stretching, however. Stretching the graph horizontally by a factor of 4 results in the new function g(x) = (x/4)^2. Try graphing x^2 and also (x/4)^2 on the same set of axes to observe this phenomenon.