Amount =$48003.20
Step-by-step explanation:
Here apply the compound interest formula;
where;
P=Principal amount invested = $37500
r=rate of interest as a decimal, 2.5% =0.025
n=number of compounding per year=1
t=time period the amount in invested=10
In our case, the amount after investing will be;
Interest earned after the period= $48003.20-$37500 =$10503.20
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Compound Interest formula application: brainly.com/question/7014337
Keywords: inherit, sum, money, interest
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Answer:
3
Step-by-step explanation:
(2x +1)/8 - (x-1)/3 = 5/24
multiple the 2x+1/8 by 3 and multiple (x-1)/3 by 8 then add them up
6x+3/24 - 8x-8/24 ➡ 6x-8x+11/24 = 5/24
➡ -2x+11 = 5
➡ -2x = 5-11
➡ x = 3
Answer:
$95777.5
Step-by-step explanation:
change 7% to decimal = .07
91,000 * .07 = 5370 (annual interest)
5370 / 12 = 530.83 (monthly interest)
530.83 * 9 = 4777.5 (9 months interest)
91,000 + 4777.5 = 95777.5 (initial + 9 months interest)
Domain means the “input” which is like when u input a number in a vending machine and then the output is you getting the chips or whatever u got from imputing the number. So the answer would be C because is is asking for the front numbers in the relation or plots of points.
