A = $ 861.69
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 5.5%/100 = 0.055 per year,
putting time into years for simplicity,
1 quarters ÷ 4 quarters/year = 0.25 years,
then, solving our equation
A = 850(1 + (0.055 × 0.25)) = 861.6875
A = $ 861.69
The total amount accrued, principal plus interest,
from simple interest on a principal of $ 850.00
at a rate of 5.5% per year
for 0.25 years (1 quarters) is $ 861.69.
Answer:
960
20 times 12 moths to get 240 then multiply that by 4 years and get 960 .
Step-by-step explanation:
sorry if wrong ]
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20 x 12=240 x 4 =960
Answer:
x=3y/4 - 7/4
Step-by-step explanation:
Answer:
4m + 5
Step-by-step explanation:
<em>product of 4 and m</em>: 4m
<em>5 more than</em> the product of 4 and m: 4m + 5
Answer: 4m + 5
