Given Information:
Principle amount = P = $6,000
Interest rate = r = 4% = 0.04
Period in years = t = 5
Required Information:
How much interest will he earn in 5 years = ?
Answer:
Amount of interest = $1,299.92
Step-by-step explanation:
Using the formula given in the question,
Where B is the final amount, P is the initial amount, r is the interest rate and t is the number of years
The amount of interest earned is
Therefore, Quincy has earned $1,299.92 in terms of interest by investing $6,000 in a savings account at the rate of 4% annual interest for a period of 5 years.
Answer:
1) the quadrants go counter clockwise, Quadrant I is the upper right square, Quadrant II is the upper left square, Quadrant III is the lower left square, and Quadrant IV is the lower right square.
2) Quadrant II
3) Quadrant IV
4) Quadrant III
5) Quadrant I
6) Both would be on the horizontal axis
7) Both would be on the vertical axis
Step-by-step explanation:
Hope this helped!
Their combined chance of winning is 20%.
Answer:
Step-by-step explanation:
1. 2x - 9y = 23
2 x = 9 y + 23
y = (2 x)/9 - 23/9
2 x - 9 y - 23 = 0
2. 5x - 3y = -1
5 x + 1 = 3 y
y = (5 x)/3 + 1/3
5 x - 3 y + 1 = 0
I belive that should help you out a bit :D
<em>Answer:</em>
<em>t = 15</em>
<em>Step-by-step explanation:</em>
<em>t - 12 = 3</em>
<em>t = 3 + 12</em>
<em>t = 15</em>
