Emma and Kelton are running a (26.2) mile marathon. Emma has run 19.65 miles so far, while Kelton has run 13.1 miles. What perce
1 answer:
Answer:
66.67%
Step-by-step explanation:
The distance Emma has run is 19.65 miles.
The distance Kelton has run is13.1 miles.
We want to express 13.1 miles as a percentage of 19.65 miles.
The quantity that comes after 'of' becones the base or denominator.
Multiply by 100 by moving the decimals forward twice.
Therefore Kelton has covered 66.67% of Emma's distance.
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Amount must the owner make to have the cost of the ski lift in 5 years is $6,711,045.22.
<h3>What is compound interest?</h3>
Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on principal plus interest.
A = P(1 + r/n)
P =5,500,000
r =4%= 0.004
n =4
t= 5 years.
Now,
A = P(1 + r/n)
A = 5,500,000.00(1 + 0.04/4)
A = 5,500,000.00(1 + 0.01)
A = $6,711,045.22
Hence, The total amount accrued is $6,711,045.22.
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