Ok, so the formula for compound QUARTERLY is A=P(1+ʳ/n)ⁿ<span>ᵗ.
P= The initial amount.
R= The Rate
T= The Time/Number of Years
N= Number of time interest is compounded per year. (In this case its 4 because it compounded QUARTERLY.)
So if you input the numbers, you will get A=10,000(1+0.0625/4)</span>⁴⁽²⁵⁾<span>
Now solve inside the parenthesis.
10,0 00(1.0625/4)</span>⁴⁽²⁵⁾
Now you will need a calculator for the next part...
Do 1.0625/4 and times it by 10,000 .
You will get 0.0265265. You can't for get about the ⁴⁽²⁵⁾.
⁴⁽²⁵⁾=<span>¹⁰⁰
</span>2,656.25¹⁰⁰=
$47134.43 Hope This Helped!
Answer:
Apple = $0.6
Banana = $0.75
Step-by-step explanation:
Let us represent Apple by A and Banana by B
For Joe,
5A + 4B = 6 (1)
For Dawn
3A + 6B = 6.3 (2)
To eliminate A, Multiply equation (1) by 3 and equation (2) by 5
15A + 12B = 18 (3)
15A + 30B = 31.5 (4)
subtracting equation (4) from (3)
15A - 15A +12B - 30B = 18 - 31.5
-18B = -13.5
divide through by -18
-18B/-18 = -13.5/-18
B = 0.75
substitute 0.75 in equation (1)
5A + 4B = 6
5A + 4(0.75) = 6
5A + 3 = 6
subtract 3 from both sides
5A + 3 - 3 = 6 - 3
5A = 3
divide through by 5
5A/5 = 3/5
A = 0.6
Answer:
Please follow me back
Step-by-step explanation:
The Answer is 158
Answer:
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