We all know, savings account have "Compound Interest"
So, Here, On $100 deposit, amount of Interest = $12
So, for $50, it would be: $6
Then, for $300, it is: $36
b) If you deposit $200, then balance after 1 year,
A = P(1 + r)^t
A = 200(1 + 0.03)^1
A = 200(1.03)
A = $206
Now, Balance with $150
A = 150 (1 + 0.03)^1
A = 150(1.03)
A = 154.5
Difference = 206 - 154.5 = $51.5
In short, Your Answer would be: $51.5
Hope this helps!
Answer:
x=3
Step-by-step explanation:
14=7(2x-4)
14/7=2x-4
2=2x-4
2x=2+4
2x=6
x=6/2
x=3
------------
14=7(2x-4)
14=14x-28
14x=14+28
14x=42
x=42/14
x=3
Answer:
12.9
Step-by-step explanation:
Given data
Give the expression
F(t)=8.50(1.15)^3
Let us solve the term in the bracket
F(t)=8.50*1.520875
F(t)=12.9
Hence the final answer is 12.9
Answer:
The coefficient of x is 22.
