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<em>Hi there!</em>
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<em>What percentage of 85 is 10?</em>
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<em>(These are just some tips)</em>
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<em>Take the number and multiple it by 85. Then multiply that by . 01.</em>
<em>To calculate 10 percent of a number, simply divide it by 10 or move the decimal point one place to the left. For example, 10 percent of 230 is 230 divided by 10, or 23.</em>
<em>❀Hope this helped you!❀</em>
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Answer:
There will be $2288.98 in the account after 6 years
Step-by-step explanation:
We are given that $1750 is put into an account that pays an annual rate of 4.5% compounded quarterly.
So, Principal = $1750
Rate of interest = 4.5%
No. of compounds per year = 4
Time = 6 years
Formula :
Where A = Amount
P = Principal
r = rate of interest
n = no. of compounds per year
t = time
Substitute the values in the formula :
A=2288.98
Hence There will be $2288.98 in the account after 6 years