The "compound amount" formula is A = P(1+r/n)^(nt),
where P=original investment, r=interest rate as a decimal fraction; n=number of compounding periods, and t=number of years.
Then A = $12000 * (1+0.08/2)^(2*11)
= $12000(1.04)^(22) = $28,439.03 (answer)
Answer:
Before anyone gives anyone money, Mario has 24 dollars and Roberto has 12 dollars. After they give each other money, both of them have 18 dollars.
Step-by-step explanation:
Mario has twice as much as Roberto, BUT if Mario gives Roberto 6 dollars, then they have the same amount.
M = 2R
M - 6 = R + 6
To isolate M, you need to add 6 on both sides.
M - 6 + 6 = R + 6 + 6
M = R + 12
M = 2R
Substitute M for the value above that we found.
R + 12 = 2R
Now we subtract R on both sides, so that only one side has the variable R.
R - R + 12 = 2R - R
12 = R
M = 2R
Substitute for the value of R.
M = 2 x 12
M = 24
Answer:
you got this sound from the human body for you so much I was wondering what to say I'm sorry I'm not going anywhere you want to go get me on snap now I got you can do this is the best of
11. The answer would be 3:30 because in all it took her 3:50 minutes so subtract from 7:20 you get 3:30
Answer:
well the money doubles every 6 years but its only been 4 so
7,400 x 4 = 29,600
$29,600 is the answer
