We have been given that Nicolas has $6,500 to deposit into an account which earns 3.25% interest compounded annually. We are asked to find amount of interest earned at the end on 8 years.
We will use compound interest formula to solve our given problem.
, where,
A = Final amount,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.
Now we will subtract principal amount from final amount to find amount of interest as:
Therefore, Nicolas would have earned $1895.25 in interest at the end of 8 years.
Answer:
38
Step-by-step explanation:
2(l + b)
2(10 + 9)
2(19)
2*19
38
Answer:
5°F
Step-by-step explanation:
Given that the average is obtained from;
Average = sum of scores / number of scores
Average temperature = 19.8°F
Let the temperature of the fifth day be x
Hence;
19.8 = 32 + 30 + 22 + 10 + x/5
19.8 = 94 + x/5
x= (5×19.8) -94
x= 5°F
Answer:
400 ways
Step-by-step explanation:
Times 10 x 10 x 2 x 2 to get your answer
Probability =
(number of ways it can come out the way you want)
divided by
(total number of ways it can come out).
Total number of ways to draw a marble = 30 (marbles in the bag).
Number of ways it can succeed = 15 (number of red or green ones)
Probability = 15/30 = 1/2 = 50% .
