All you would do is multiply .9 by 20
.9*20=18
90% of 20 is 18
Complete Question
If $12000 is invested in an account in which the interest earned is continuously compounded at a rate of 2.5% for 3 years
Answer:
$ 12,934.61
Step-by-step explanation:
The formula for Compound Interest Compounded continuously is given as:
A = Pe^rt
A = Amount after t years
r = Interest rate = 2.5%
t = Time after t years = 3
P = Principal = Initial amount invested = $12,000
First, convert R percent to r a decimal
r = R/100
r = 2.5%/100
r = 0.025 per year,
Then, solve our equation for A
A = Pe^rt
A = 12,000 × e^(0.025 × 3)
A = $ 12,934.61
The total amount from compound interest on an original principal of $12,000.00 at a rate of 2.5% per year compounded continuously over 3 years is $ 12,934.61.
Answer:
yes
Step-by-step explanation:
your answers are correct! congrats!
Answer:
x=−32/5
Step-by-step explanation:
Step 1: Simplify both sides of the equation.
1/2(1/4x−3/5)=1/4(2/5+3/4x)
(1/2)(1/4x)+(1/2)(−3/5)=(1/4)(2/5)+(1/4)(3/4x)(Distribute)(1/2)(1/4x)+(1/2)(−3/5)=(1/4)(2/5)+(1/4)(3/4x)(Distribute)
1/8x+−3/10=1/10+3/16x
1/8x+−3/10=3/16x+1/10
Step 2: Subtract 3/16x from both sides.
1/8x+−3/10−3/16x=3/16x+1/10−3/16x
−1/16x+−3/10=1/10
Step 3: Add 3/10 to both sides.
−1/16x+−3/10+3/10=1/10+3/10
−1/16x=2/5
Step 4: Multiply both sides by 16/(-1).
(16/−1)*(−1/16x)=(16/−1)*(2/5)
x=−3/25
Answer:
3 km per minute
Step-by-step explanation:
speed = distance / time
315km/105 minutes
= 3 km per minute
