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gtnhenbr [62]
3 years ago
10

Using the chart above, find the total amount and amount of interest paid in the following compound interest problems.

Mathematics
1 answer:
gizmo_the_mogwai [7]3 years ago
6 0

Answer:

Annually: Total Amount = 1611.76, Interest Amount = 711.76

Semiannually: Total Amount = 1625.50 , Interest Amount = 725.50

Quarterly: Total Amount = 1632.62 , Interest Amount = 732.62

Step by Step Explanation:

We can see from the table that the factor that we need to multiply with 900 in order to get amount for compounded annually is 1.7908477. Therefore, our total amount is 1.7908477*900 = 1611.76 and interest earned is 1611.76-900 = 711.76.

The factor that we need to multiply with 900 in order to get amount for compounded semiannually is 1.8061112. Therefore, our total amount is 1.8061112*900 = 1625.50 and interest earned is 1625.50-900 = 725.50.

The factor that we need to multiply with 900 in order to get amount for compounded semiannually is 1.8140184. Therefore, our total amount is 1.8140184*900 = 1632.62 and interest earned is 1632.62-900 = 732.62.

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Naya [18.7K]

Answer:

what we have to do in this question? I mean what we have to find

3 0
2 years ago
Read 2 more answers
Find the following GCD and LCM: (3.a) GCD(343,550), LCM(343, 550). (3.b) GCD(89, 110), LCM(89, 110). (3.c) GCD(870, 222), LCM(87
Ierofanga [76]

Answer with Step-by-step explanation:

(3.a) GCD(343,550), LCM(343, 550).

343=7×7×7

550=5×5×2×11

GCD(343,550)=1

LCM(343,550)=7×7×7×5×5×2×11=188650

(3.b) GCD(89, 110), LCM(89, 110).

89=1×89

110=5×2×11

GCD(89, 110)=1

LCM(89, 110)=89×5×2×11=9790

(3.c) GCD(870, 222), LCM(870, 222).

870=2×3×5×29

222=2×3×37

GCD(870, 222)=2×3=6

LCM(870, 222)=2×3×5×29×37=32190

5 0
3 years ago
PLEASE HELP ASAP!!!!!
Gelneren [198K]

Answer:

The correct answer is 5

3 0
3 years ago
Read 2 more answers
Help ASAP I need to get this question correct
strojnjashka [21]

Answer: The answer is NO

Step-by-step explanation:

8 0
3 years ago
Pls help, and hurry. i will give anyone brainliest if you give the correct answer.
Anna11 [10]

Answer:

Two answers:

22 ≥ v

OR

v ≤ 22

Step-by-step explanation:

It's the same as solving for a variable in an equality. Imagine it as 17 = v - 5 for a moment. Simplify by subtracting 5 from both sides and re-add the inequality sign. This can be easily done since we are not multiplying or dividing, just adding and subtracting.

4 0
3 years ago
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