Given: Principal Amount (P) = $300
The rate of interest (r) = (3/4) compounded quarterly.
No. quarters in 3 years (n) = 3×4 = 12
To find: The amount for the CD on maturity. Let it will be (A)
Formula: Compound Amount (A) = P [ 1 + (r ÷100)]ⁿ
Now, (A) = P [ 1 + (r ÷100)]ⁿ
or, = $300 [ 1 + (3 ÷400)]¹²
or, = $300 × [ 403 ÷ 400]¹²
or, = $300 × 1.0938069
or, = $ 328.14
Hence, the correct option will be C. $328.14
Answer:
$1950
Step-by-step explanation:
Simple interest amount payable is given by
A=P(1+rt) where p is principal amount, A is final amount paid, t is time and r is rate of interest. For the first case
A=15000(1+0.03*4)=$16800
For second case
A=15000(1+0.05*5)=$18750
Difference will be 18750-16800=$1950
Let the time = x
Distance = Speed x time
One train is 75x, the other train 85x
Add together to equal total distance:
75x + 85x = 384
Simplify:
160x = 384
Divide both sides by 160:
x = 384 / 160
x = 2.4 hours
Answer:
pointing towards the top
Step-by-step explanation:
1.5 feet long 2.5 feet wide the suitcase is so straight
HOPE OT HELPS
