Step-by-step explanation:
Formula for compound interest is given by
Where
A is the amount at the end of the period
P is the principal
R is the rate
n is the period
The interest = A - P
From the question
P = $ 3200
n = 3 years
R = 40%
So we have
A = $ 8780.80
<h3>The amount is
$ 8780.80</h3>
The interest is
$ 8780.80 - $3200
<h3>= $ 5580.80</h3>
Hope this helps you
Answer: its 29/35 value....
Hey there!
If you ever see the word "is" in a story problem, it means that there is an equal sign there. Let's apply that to this.
23800 =(is) 0.34i (income)
Now, we can solve for i by dividing.
23800/0.34= 70,000
Therefore, the annual income is $70,000.
I hope this helps! Have a great day!
Answer:
The solution set is (-3, 4).
Step-by-step explanation:
x2 + 4x - 9 = 5x + 3
x^2 + 4x - 5x - 9 - 3 = 0
x^2 -x - 12 = 0
(x - 4)(x + 3) = 0
x = -3, 4.
Step-by-step explanation:
it will be around $90.86
