Answer:
The loan amount after 3 years is $ 5,196.88
Step-by-step explanation:
Given as :
The principal amount for room loan = $ 3,800
The rate of interest applied = 11% compounded annually
The time period of loan = 3 years
Let The Total loan amount = $ A
Now,<u> From Compounded method :</u>
Amount = Principal × 
or, A = $ 3,800 × 
or, A = $ 3,800 × (1.11)³
or, A = $ 3,800 × 1.3676
∴ A = $ 5,196.88
So, Amount after 3 years = A = $ 5,196.88
Hence The loan amount after 3 years is $ 5,196.88 Answer
Answer:
DDDDDDDDDDD
Step-by-step explanation:
Just took the quiz on Edge
Answer: A and D
Step-by-step explanation:because my teacher told me
The ratio of Red Apples to Green Apples is 5:2. The proportion of red apple is 5/7.
The store sold 45 red apples.
So the combined amount of red and green apples sold = No of red apples sold divided by the proportion of red apples = 45/ (5/7) = 63
The combined amount of red and green apples sold is 63 apples.
Answer:D
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 8.5%/100 = 0.085 per year
putting time into years for simplicity
6 months ÷ 12 months/year = 0.5 years
then, solving our equation
I = 10000 × 0.085 × 0.5 = 425
I = $ 425.00
on a principal of $ 10,000.00
at a rate of 8.5% per year
for 0.5 years (6 months) is $ 425.00
