Answer:
20000*(1+15%)³=30417.5
Explanation:
The number $40000 is irrelevant. Don't be disturbed!
This is a typical compound interest question. Use the compound interest formula: S=p(1+<em>i)ⁿ</em>
S for sum, p for principal balance, <em>i </em>for interest rate, n for the number of years or times
Answer:
The equation that could be used for determining the y should be option B y = 20x + 75
Calculation of an equation:
Since dad gave him 75 coins. each month he will add 20 coins.
Here we assume a number of months be x
So, the equation is
y = 20x + 75
Therefore, we can conclude that The equation that could be used for determining the y should be option B y = 20x + 75
Explanation:
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