9514 1404 393
Answer:
P = 50,000
r = 0.08
i = 0.02
K = 4
n = 20
t = 5
Step-by-step explanation:
In this formula, r is the annual interest rate, 8% or 0.08. K is the number of times the interest is compounded in a year. Since interest is compounded quarterly, K = 4.
r = 0.08
i = r/K = 0.08/4
i = 0.02
t is the number of years interest is compounded, so ...
t = 5
n = Kt = 4·5
n = 20
P is the principal amount invested:
P = 50,000
You have to use PEMDAS, by multiplying before you add. So when you multiply 5*6, you get 30 and add the remaining 27 to get 57.
Answer:
x=5/6
Step-by-step explanation:
k=4/5
3 and 5 can go into 15
10/15 and 12/15
10/15 divided by x =12/15
x=5/6