11. Joe bought 3 pairs of jeans for $71.40. a. How much did he pay per pair? b. How much would be need to pay for 8 pairs of jea
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Invested amount (P) = $300.
Time in years (t) = 2 years.
Balance after 2 years (A) = $329.49.
Let us assume rate of interest = r % compounds annually.
We know, formula for compound interest
Plugging values in formula, we get
Taking square root on both sides, we get
r=0.048.
Converting it into percentage by multiplying by 100.
r=0.048 × 100
r = 4.8 %
Therefore, the rate of interest on the account is 4.8% compounds annually.
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<u><em>The complete question in the attached figure</em></u>
we know that
To find out how much money the total snake exhibit earned in 6 days, add up the total number of visitors to the snake exhibit each day for 6 days and multiply that by the cost of admission per person
so
Find the total number of visitors for 6 days
Multiply the total number of visitors by the admission cost per person
so
