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A=p(1+i/m)^mn
A=100,000×(1+0.04÷4)^(4×4)
A=117,257.86
The interest for each method will be:
- Previous Balance Method = $37.50
- Adjusted Balance Method = $36.88
- Average Daily Balance Method = $2966.67
<h3>How to calculate the interest?</h3>
The Previous Balance Method will be:
= PTR
= 3000 × (1/12) × 0.15
= $37.50
The Adjusted Balance Method will be:
P = 3000 - 50 = 2950
t = 1/12
r = 15% = 0.15
I = 2950 × (1/12) × 0.15
= $36.88
The Average Daily Balance Method will be:
= (3000 × 10) +(2950 × 20)/30
= 89000/30
= $2966.67
Learn more about interest on:
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Answer:
$465 is the answer.
Step-by-step explanation:
The equation is given as :
Where h is the number of hours worked and f is the number of fixtures installed.
We have been asked how much does Ben frank charge when he works 7 hours and installs 9 fixtures?
So, we will put the values of h 7 and f = 9 in the equation.
= 
= $465
Therefore, Ben charges $465.
Answer:
9
Step-by-step explanation:
It saying 3 times to the power of 2
or
3 squared
so basically it's saying
3^3=9
