<1 and <2 are complementary. Solve for the measure of <1.
1 answer:
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Answer:
<h2>£1,330.46</h2>Step-by-step explanation:
Using the compound interest formula
A = amount compounded after n years
P = principal (amount invested)
r = rate (in %)
t = time (in years)
n = time used to compound the money
Given P = £1200., r = 3.5%, t = 3years, n = 1 year(compounded annually)
Value of Charlie's investment after 3 years is £1,330.46
Based on the exchange rate, at the end of the trade, Lewis will have 31 puppets and 2 puzzles left over while Geppeto will have 158 puzzles and 4 puppets left over.
<h3>What is the exchange rate of puzzles for puppets?</h3>The exchange rate of puzzles for puppets is 3 to 1.
Geppeto has 20 puppets to exchange for puzzles.
Lewis has 50 puzzles to exchange for puppets.
Number of times Lewis can exchange puzzles for puppets = 50/3 = 16 times.
Lewis will get 16 puppets in exchange for 48 puzzles.
Therefore;
Lewis will have 16 + 25 puppets = 31 puppets and 2 puzzles left over
Geppeto will have 48 + 100 puzzles = 158 puzzles and 4 puppets left over.
in conclusion, the exchange rate determines the how many puzzles and puppets will each one have after they complete their trade.
Learn more about exchange rate at: brainly.com/question/2202418
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