9514 1404 393
Answer:
P = 50,000
r = 0.08
i = 0.02
K = 4
n = 20
t = 5
Step-by-step explanation:
In this formula, r is the annual interest rate, 8% or 0.08. K is the number of times the interest is compounded in a year. Since interest is compounded quarterly, K = 4.
r = 0.08
i = r/K = 0.08/4
i = 0.02
t is the number of years interest is compounded, so ...
t = 5
n = Kt = 4·5
n = 20
P is the principal amount invested:
P = 50,000
Answer:
The second group
Step-by-step explanation:
The first group is 4 apples for 3 friends.
= 4/3. They each got 1 & 1/3 of an apple.
The second group is 6 apples for 4 friends.
= 6/4. They each got 1 & 1/2 of an apple.
1 1/3 < 1 1/2, so friends in the second group get a larger portion of apples
B. 10, 5, 2.5, 1.25, 0.625, 0.3125
Answer:
a 80
Step-by-step explanation:
7200 / 90 = 80
80 since he starts off with 38 stamps then gains 6 each month for 7 months (6x7=42) so 42+38=80