To calculate amount accrued after a given period of time we use the compound interest formula: A= P(1+r/100)∧n where A i the amount, P is the principal amount, r is the rate of interest and n is the interest period.
In the first part; A= $ 675.54, r= 1.25% (compounded semi-annually) and n =22 ( 11 years ), hence, 675.54 = P( 1.0125)∧22
= 675.54= 1.314P
P= $ 514.109 , therefore the principal amount was $ 514 (to nearest dollar)
Part 2
principal amount (p)= $ 541, rate (r) = 1.2 % (compounded twice a year thus rate for one half will be 2.4/2) and the interest period (n)= 34 (17 years×2)
Amount= 541 (1.012)∧34
= 541 ×1.5
= $ 811.5
Therefore, the account balance after $ 811.5.
Answer:
C) p + 24 = 56
Step-by-step explanation:
The total number of cookies baked = Number of cookies Ellie baked + Number of cookies Jamie baked
Ellie baked 24 chocolate chip cookies.
Jamie baked p peanut butter cookies.
Total of 56 cookies.
Hence:
56 = p + 24
Therefore, the equation that can be solved for p to find the number of cookies Jamie baked is
p + 24 = 56
Option C is the correct option
8 has been added to 11 to make it 19. 8 must be added to 24 to make it 32.
11 +t = 24
11 +8 +t = 24 +8
19 +t = 32
Answer:
0.85
Step-by-step explanation:
A^2 + 31 = 155 - I squared each of b and c for those numbers
a^2 = 155 - 31
a^2 = 124
a = 4 * sqrt(31)