NEI not enough information to solve this problem because we would need to know how many years.
Answer:
Your answer is 17.5
Step-by-step explanation:
Turn your fraction into a decimal
2/5 = 0.4
Next multiply my given answer by 0.4
17.5 x 0.4 = 7
Therefore 17.5 is your final answer
Answer:
Add the table and i might answer correctly
Step-by-step explanation:
Cross multiply
(3x - 1)(4x + 5) = (2x + 6)(6x - 4)
12x^2 + 11x - 5 = 12x^2 + 28x -24
Solve for x
-17x = -19
x = 19/17
Step-by-step explanation:
1st year interest calculated = 3.25/100 × $4500/1 = $146.25
2nd year principal = 1st year principal + 1st year interest = $4500 + $146.25 = $4646.25. 2nd year interest calculated = 3.25/100 ×$4646.25/1 =$151
3rd year principal = 2nd principal + 2nd year interest = $4646.25 + $151 = $4797.25. 3rd year interest calculated = 3.25/100 × $4797.25/1 = $155.91
4th year principal = 3rd year principal + 3rd year interest =$4797.25 + $155.91 =$4953.16. 4th year principal calculated = 3.25/100 × 4953.16/1 =$160.98
5th year principal = 4th year principal + 4 year interest = &4953.16 +$160.98 = $5114.14. 5th year interest calculated = 3.25/100 × 5114.14/1 =$166.21
6th year principal =5th year principal + 5th year interest = $5114.14 + $166.21 =$5280.35. 6th year interest calculated = 3.25/100 × 5280.35/1 =$171.61
Amount = main principal + compound interest =$4500 +&146.25 +$151+$155.91+$160.98+$166.21+$171.61 =$5451.96
