Answer:
Result:
The amount is $7763.37 and the interest is $4263.37.
Step-by-step explanation:
Problem:
If you deposit $3500 into an account paying 10% annual interest compounded monthly , how much money will be in the account after 8 years?
A=1/2d1d2
plug in
a=1/2(35)(12)
a=210
Answer:
Step-by-step explanation:
Answer:
Step-by-step explanation:
<u>Total amount to be paid is the sum of 4 bills:</u>
- 21.47 + 14.43 + 13.27 + 25.37 = $74.54
<u>Divide the total by the number of people:</u>
- 74.54/4 = 18.635 = $18.64 rounded to the nearest cent
If the total to be paid equally, then each person has to pay $18.64
