Mathematics, 15.12.2021 01:00 babyskitt
Each year a certain amount of money is deposited in an account which pays an annual interest rate of r so that at the end of each year the balance in the account is multiplied by a growth factor of x = 1 + r. $1,000 is deposited at the start of the first year, and additional $300 is deposited at the start of the next year, and $500 at the start of the following year. Determine (to the nearest cent) the amount in the account at the end of three years if the interest rate is 4%.
Answers: 1
Mathematics, 21.06.2019 19:30, spotty2093
Your food costs are $5,500. your total food sales are $11,000. what percent of your food sales do the food costs represent?
Answers: 2
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