Please do it for me Im struggling a lot right now with math
1 answer:
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Answer:
$1,179
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First, lets change 2.6% into a decimal:
2.6% -> -> 0.026
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:
The account balance after 10 years will be $1,179
Answer:
18 inches.
Step-by-step explanation:
If the ratio for inches to miles is
,
then you multiply the top and bottom by 6 to get to 30. This gets the numerator to 18 inches.