Answer:
$28
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 10%/100 = 0.1 per year,
then, solving our equation
I = 70 × 0.1 × 4 = 28
I = $ 28.00
The simple interest accumulated
on a principal of $ 70.00
at a rate of 10% per year
for 4 years is $ 28.00.
Answer:
The first one or the 2nd one, since it says NOT worth half, I would say the first one is the answer.
Step-by-step explanation:
The factors of 4 are 1, 2, and 4 .
The factors of 9 are 1, 3, and 9 .
Answer:
id k
Step-by-step explanation:
Answer:
Explanation:
Answer:
Explanation:
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Explanation:
Answer:
P(t) = 27000 * (1/9)^(t/4)
Step-by-step explanation:
This problem can me modelled with an exponencial formula:
P = Po * (1+r)^t
Where P is the final value, Po is the inicial value, r is the rate and t is the amount of time.
In this problem, we have that the inicial population/value is 27000, the rate is -8/9 (negative because the population decays), and the time t is in months, so as the rate is for every 4 months, we use the value (t/4) in the exponencial.
So, our function will be:
P(t) = 27000 * (1-8/9)^(t/4)
P(t) = 27000 * (1/9)^(t/4)
