The interest is a) $7000
b) $17709.73
c) $18672.62
d) $18901.67
What is the formula for simple and compound interest?
Simple interest = (P× r× t)
Compound interest = P(1+r/n)^nt - P
We will find the interest as shown below:
P=$4,000
t=25 years
a) r=7%=0.07
Simple interest = (P× r× t)
= (4000×0.07×25)
= $7000
b) r=7%=0.07
Compound interest = P(1+r)^t - P
= 4000(1+0.07)^25-4000
= $17709.73056
rounding to nearest cents
= $17709.73
c) r=7%=0.07
n=4
Compound interest = P(1+r/n)^nt - P
= 4000(1+0.07/4)^(25*4)-4000
= $18672.62375
rounding to nearest cent
= $18672.62
d) r=7%=0.07
n=12
Compound interest = P(1+r/n)^nt - P
= 4000(1+0.07/12)^(25*12)-4000
= $18901.6728
rounding to nearest cent
= $18901.67
Hence, the interest is a) $7000
b) $17709.73
c) $18672.62
d) $18901.67
Learn more about Interest here:
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3.6 (5 x 4) ÷ 3 + 5.0
use the PEMDAS rule
P - parentheses
E - exponents
M - multiplication
D - division
A - addition
S - subtraction
3.6 (5 x 4) ÷ 3 + 5.0
= 3.6 (20) ÷ 3 + 5.0
= 72 ÷ 3 + 5.0
= 24 + 5.0
=29
so the final answer would be 29!!
Your answer should be 1200 inches cubed
Answer:
114 yards
456 yards
Step-by-step explanation:
Given that:
Area of square parking lot = 12,996 square yards
The lenght of one side of the parking lot :
Area of a square = a² ; a = side length
Hence ;
12996 = a²
√12996 = a
114 = a
Hence, length of one side = 114 yards
Yards of fence needed to enclose parking lot :
Perimeter of a square = 4a ; a = side length
Perimeter = 4(114)
Perimeter = 456 yards