Answer:
b
Step-by-step explanation:
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
let a = second month's revenue
5000 = a(1.3)
a = 5000 / 1.3 = 3846
Answer:
Step-by-step explanation:
There is really no way to show that of I know of without drawing it but here is this. I hope this helps and not really exact on position but that is very close.
Answer:
1080
___ rode a plane for 5^2 miles on a flight to ___. She then took a flight to ___ which was 5^4 miles. How much further did she fly on the second flight?
you can decide where she went and what her name was.
Step-by-step explanation:
6^3 = 213
6^4 = 1296
1296 - 216 = 1080
16 3/4 + 12 3/4
16 +12 = 28
3/4 +3/4 = 1 1/2
28 + 1 1/2 = 29 1/2 hours total
Answer: the account earns interest of $40.16
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 875.83
r = 9% = 9/100 = 0.09
n = 12 because it was compounded 12 times in a year.
t = 6 months = 6/12 = 0.5 year
Therefore,.
A = 875.83(1+0.09/12)^0.5 × 12
A = 875.83(1+0.0075)^6
A = 875.83(1.0075)^6
A = 915.99
The interest that she earns is
915.99 - 875.83 = $40.16
