Trisha opened a savings account and deposited one-hundred as principal. The account earns 12% interest, compounded annually. What is the balance after 3 years?

$140.49

Step-by-step explanation:

Trisha opened an account and deposited $100.

The account earns compound interest of 12% yearly and will be on for 3 years.

The formula for compound interest is:

= Principal * ( 1 + rate) ^ time period

= 100 * (1 + 12%)³

= $140.49

answer: do you still need this?

step-by-step explanation:

a.   since the profit made in 2012 is equal to the profit made in 2014, the profit is           symmetric about the line y = 120,000.

step-by-step explanation:

given that megan owns a clothing boutique.

the profits of 2010, 11, are recorded and shown as follows:

years since     2010 0     1     2     3       4       5

profits made in 1000's   39       84     111     120   111     84

we find that profit gradually increases form 2010 to 2013 upto 120,   then starts decreasing.

the profits for 2012 and 2014 are the same while that of 2011 and 2015 are also the same.

this shows that there is symmetry about the line profit = 120000

hence answer is:

a.   since the profit made in 2012 is equal to the profit made in 2014, the profit is           symmetric about the line y = 120,000.

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