Answer:
0.5
Step-by-step explanation:
Hope this helped :)
Answer:
$14,277.80
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $7,400
t = 8 years
n = 4 (quarterly)
r = 9.5% = 0.095
Using equation 1.
A = $7,400(1+0.095/4)^(4×7)
A = $7,400(1.02375)^(28)
A = $7,400(1.929432606035)
A = $14,277.80
final amount/value after 8 years A =$14,277.80
<em>Answer: </em>
<em>A = $7,350.00</em>
<em></em>
<em>Step-by-step explanation:</em>
<em>Equation:</em>
<em>A = P(1 + rt)</em>
<em>First, converting R percent to r a decimal</em>
<em>r = R/100 = 9%/100 = 0.09 per year.</em>
<em>Putting time into years for simplicity,</em>
<em>30 months / 12 months/year = 2.5 years.</em>
<em></em>
<em></em>
<em>Solving our equation:</em>
<em>A = 6000(1 + (0.09 × 2.5)) = 7350 </em>
<em>A = $7,350.00</em>
<em>The total amount accrued, principal plus interest, from simple interest on a principal of $6,000.00 at a rate of 9% per year for 2.5 years (30 months) is $7,350.00.</em>
<em>* Therefor, the answer is $7,350.00.</em>
<em>* Hopefully this helps:) Mark me the brainliest:)!!!</em>
Answer:
4m^(4)−3m^(3)−6m^(2)+5m
Step-by-step explanation:
