Solve quadratic formula x-2x-15=0 the first x is squared
2 answers:
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Answer:
a)
b)
The total amount accrued, principal plus interest, from compound interest on an original principal of $ 4,200.00 at a rate of 3.6% per year compounded 12 times per year over 10 years is $5667.28.
Step-by-step explanation:
a. Write the function that represents the value of the account at any time, t.
The function that represents the value of the account at any time, t
where
P represents the principal amount
r represents Annual Rate
n represents the number of compounding periods per unit t, at the end of each period
t represents the time Involve
b) What will the value be after 10 years?
Given
The principal amount P = $4200
Annual Rate r = 3.6% = 3.6/100 = 0.036
Compounded monthly = n = 12
Time Period = t
To Determine:
The total amount A = ?
Using the formula
substituting the values
$
Therefore, the total amount accrued, principal plus interest, from compound interest on an original principal of $ 4,200.00 at a rate of 3.6% per year compounded 12 times per year over 10 years is $5667.28.
Answer: $1500
Step-by-step explanation:
<u>Given information</u>
Number of puppies = 6
Cost of each puppy = $250
<u>Given expression deducted from the question</u>
Total cost = number of puppies × cost of each
<u>Substitute values into the expression</u>
Total cost = 6 × 250
<u>Simplify by multiplication</u>
Total cost =
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