Answer: the interest is $8137.8
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $62,604.18
r = 13% = 13/100 = 0.13
n = 1 because it was compounded once in a year.
t = 1 year
Therefore,.
A = 62604.18(1 + 0.13/1)^1 × 1
A = 62604.18(1.13)
A = $70742.7
Her interest would be
70742.7 - 62604.18
= $8137.8
I believe it might be 107.9 after if that’s what your asking-like taking off 10% of $108.
Answer:
i think 2m
Step-by-step explanation:
3 plus 3 is 6 minus 8
Answer:
It is not a right triangle. The hypotenuse is the biggest side so if you apply the Pythagorean Theorem formula it does not work.
Step-by-step explanation:
A² + B² = C² -------> 10² + 12²=20² --------> 100 + 144 = 400 ---> 244 = 400
they receive 25 per entry but 5 goes towards the cost of the race
so 25-5 = 20 per entry is for the charity
so 20x + 5000 = 25000
subtract 5000 from each side
20x= 20000
divide both sides by 20
x = 20000/ 20
x = 1000
they need at least 1000 entries to make 25000
so to make more than 25000, they need 1001 entries