Answer:
1/21
Step-by-step explanation:
14 = 2/3c ➡ 14×3c=2 ➡ 42c = 2➡ c = 1/21
Answer:
Step-by-step explanation:
Formula to be used,
A = 
Here, A = Final amount
P = Principal amount
r = rate of interest
n = Number of compounding (In a year)
t = Duration of investment (In years)
Question (5)
P = $4250
r = 0.015
n = 4
t = 3 years
A = 
A = 
A = $4445.24
Part (C)
1). P = $6000
r = 0.03
n = 2
t = 10 years
A = 
= 
= $8081.13
2). P = $9000
r = 0.05
n = 2
t = 8 years
A = 
= 
= $13360.55
Answer:
Step-by-step explanation:
Answer:
48.75
Step-by-step explanation:
The salesmen makes a commission of 3.25%. So to get the percent into a usable form for this take 3.25 and divided by 100. You get 0.0325.
Now you take the 0.0325 and mutliply it by the 1500. This gives you 48.75