Answer:
Step-by-step explanation:
CI = 624 x 1.05 ^3 =722.358 for whole investment 722.36-624 =98.36 for interest only
or for interest only do 624 x .05^3 = 98.36
Standard interest is done like this
year 1 = 624 x 1.05 = 655.20
655.20-624 = 31.20
year 2 = 655.20 + 31.20 = 686.40
year 3 = 686.40 + 31.20 = 717.60
total interest = 717.60-624 = 93.60
So standard interest is the method you have done they may be asking for either compound interest which is the first one or asking for whole investment which means you need to also add 624 at end for Standard interest.
if you need CI interest do the top one.
I'm just gonna assume that 6/3 and 1/2 are fractions.
First you have to find common denominators for the fractions to be added.
The first common denominator divisible by both the denominators is 6.
So 2x3=6 and 1x3=3
and 3x2+6 and 6x2+12
so that would be 12/6 + 3/6
Then you would proceed to add both of the numerators together which are 12 and 3.
To get a total of 15/6. You can also simplify that into a mixed number 2 1/2.
3/4 of the juice from a 2 L bottle is 1.5 L.
There is only half a litre left after the party.
