Thanks! You got the concept, so use the formula from the top of the page to help you. Use the information provided in the examples and set up the formula with the correct numbers. Then, solve. Then you will find out how much you need to owe.
Answer:
e : g = 2 : 7
Step-by-step explanation:
e/f = 3/7
e = 3f/7
f/g = 2/3
g = 3f/2
e/g = (3f/7)/(3f/2) = 2/7
X= $18.05. Hope this helps! can i please get brainliest
Answer:
$12,958
Step-by-step explanation:
The total amount of the account, principal plus interest, is given by ...
A = P(1 +rt)
The given information tells us ...
12,122 = P(1 + .08×2) = 1.16P
Then the principal amount is ...
12,122/1.16 = 10,450
__
When that same amount is invested using a different rate and time period, it becomes ...
A = 10,450(1 + .09×(2 2/3)) = 10,450×1.24 = 12,958
It will amount to $12,958 in 2 years 8 months at 9%.