Answer: 2.5%
Step-by-step explanation:
Hi, to answer this question we have to apply the compounded interest formula:
A = P (1 + r/n) nt
Where:
A = Future value of investment (principal + interest)
P = Principal Amount
r = Nominal Interest Rate (decimal form, 10/100= 0.1)
n= number of compounding periods in each year (365)
Replacing with the values given
A=250(1+0.1/1)^t/1
A=250(1.1)^t
For a interest compounded annually, n=1, compounded quarterly n= 4 (4quarters in a year )
Interest rate 0.1 /4 = 0.025= 2.5%
Answer: 23498.935
Step-by-step explanation:
this helped me in middle school so please remember this equation
A=P(1+R/N)NT
A=AMOUNT
P=PRINCIPAL
R=INTEREST RATE
N=NUMBERS OF TIMES THE INTEREST IS COMPOUNDED
NT=TIME(YEARS
So now we have this... right...
A=P(1+R/N)NT
you have to fill it in and you will get
a=22,150(1+3/1)^2
put that in your handy dandy calculator and you will get your answer
Answer: t=43.25-7/1.25=29 minuets
Step-by-step explanation:
he spent $43.25. he had to pay $7 first to get in. then for each minuet had to pay 1.25.
N=12.5(at time t=t) Here half life
No=25
K=12.05
Simple exponential equation where you need to calculate
Your answer should be 5.75225876
