Given:
Principal = $273
Interest rate = 5% compounded quarterly
time = 5 years
A = P (1 + r/n)^nt
A = amount of money accumulated plus interest
P = principal
r = interest rate (in decimal form)
n = number of times the interest is compounded per year
t = total number of years the amount is deposited
A = $273 (1 + 0.05/4)⁴*⁵
A = $273 (1 + 0.0125)²⁰
A = $273 (1.0125)²⁰
A = $273 * 1.2820
A = $349.99
$349.99 - 273 = $76.99
The compounded interest amounts to $76.99
Answer:
12
Step-by-step explanation:
If f(x) = 5 - x
Then f(-7) = 5 - (-7)
f(-7) = 5 + 7
f(-7) = 12
54 x 8 is an expression you can use to find the cost of eight passes.
Answer:
That is a correct statement.
Step-by-step explanation:
This is because to find the appropriate amount, we would multiply the two numbers together. Since we are multiplying 4.15 by a number less than 1 (0.8), the number can only be lower. The number would only be higher if the number was greater than 1.
Answer: 20x < 100
subtract 20 from both sides
20 - 20 = 0
100 - 20 = 80
x < 80