Answer: lise will play 2 times deanna will play 4 times
Step-by-step explanation:
He had put in $300 and got out $336 at the end of the year.
This means an increase of $36 over a year.
10% of $300 = $30 dollars
This shows that he definitely got more than a 10% increase.
Alan got $6 more than $30 so to find 6 from 30, you divide by 5
so ( 10% = $30 ) divided by 5 = ( 2% = $6 )
Adding the amount of money and percentages gives you 12% = $36
So the amount of mpercentage increase is 12%
Overall the amount of money in his bank now compared to when he deposited it, he has 112% in the bank.
Answer:
1. $361800
Step-by-step explanation:
Given,
principle balance=$670
interest rate=8%

A= Final amount
P= initial Principal balance
r= interest rate
n= number of times interest applied per time period
t= number of times period elapsed
compound interest formula,
Therefore the Present value is $361800