Answer:
Principal = 3500
Time = 8 years
We are given that compound quarterly
So, No. of compounds per year = 2
Rate of interest = 5%
Formula : 
Substitute the values :


Interest = 3863.345 - 3500 = 363.345
Hence the total amount in an investment of $3500 that was compounded quarterly for 8 years at a rate of 5% is $3863.345 and the interest that was made on that account mentioned is $363.345
12.8 is the answer you can multiply 3.2 to 4 or you can add 3.2 to 3.2
Answer:
25000
Step-by-step explanation:
25 * 1000 = 25000
Answer:
The commission rate is of 12%.
Step-by-step explanation:
Commission rate:
The commission rate is given by the commission value multiplied by 100% and divided by the value of merchandise sold.
In this question:
$252 in commission for selling $2100 in merchandise. So
252*100%/2100 = 12%
The commission rate is of 12%.
Answer:
Step-by-step explanation: