Answer:
$7,012.76
Step-by-step explanation:
First, convert R as a percent to r as a decimal
r = R/100
r = 7/100
r = 0.07 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 5,000.00(1 + 0.07/1)(1)(5)
A = 5,000.00(1 + 0.07)(5)
A = $7,012.76
Summary:
The total amount accrued, principal plus interest, with compound interest on a principal of $5,000.00 at a rate of 7% per year compounded 1 times per year over 5 years is $7,012.76.
No. It would be negative 5.
Answer:
sorry i dont know
Step-by-step explanation:
hope this is helpful
Answer:
Step-by-step explanation:
Subtract the right side of the given equation to put it into standard form:
4x² +8x -221 = 0
Then the coefficients used in the quadratic formula are ...
When these are filled into the form ...
the result is as shown above.
Answer:
6.875
Step-by-step explanation:
7- (1/2)^3 = 7-1/8 = 6.875
