Hello kiddio lets figure this out!
The formula for simple interest is I = P*R*T where I = interest, P = Principal (original amount), R is the rate as a decimal, and T is time in years. So I = 1500*(.05)*6 = 1500*(0.30) = $450. The total amount you have after 6 years is the amount you started with ($1500) plus the interest ($450) which is $1950. The formula for yearly compounding is A = P(1 + r)t where A = Accumulated or final amount P = Principal ($1500) r = interest rate as a decimal (0.05)t = time (6 years) A = 1500*(1 + 0.05)6 = 1500*(1.05)6 = $2010.14
Have a nice day
Answer:
Are you in geometry 1 or 2
Step-by-step explanation:
Answer:
(-1,-8)
Step-by-step explanation:
Answer:
72178.4777
Step-by-step explanation:
Given:
The inequality is:
To find:
The solution of the given inequality.
Solution:
We have,
Multiply both sides by 3.
Divide both sides by -8 and change the sign of inequality.
It can be written as:
Therefore, the correct option is A.