Answer: Richard will owe $2024 after 1 year if he takes advantage of this option.
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 1588.57
r = 24.5% = 24.5/100 = 0.245
n = 12 because it was compounded 12 times in a year.
t = 1 year
Therefore,.
A = 1588.57(1+0.245/12)^1 × 12
A = 1588.57(1+0.245/12)^12
A = 1588.57(1+0.0204)^12
A = 1588.57(1.0204)^12
A = $2024.2
It is actually written as a mixture of the two. The standard form would
be 70,000, while the word form would be writing seventy thousand. Both
are equally valid but the mixture found here is avoided in literary
writing. Standard form is just a weird way of saying numeral form or Arabic numerals form or anything similar.
0.0340909091 is the answer
Answer:
Therefore 
of female students are on the the track team.
Step-by-step explanation:
Let the number of female students be x
Given that, 
of the female students participate in school athletic.
Then, the number female students who participate in school athletic is
Of the females students who participate in the school athletics, 
are on the track team.
Then, the number female students who are on the track team is
Therefore of female students are on the the track team.
