Find the compound interest earned by the deposit of $1800 at 6% compounded quarterly for 6 years.

1 answer:

6 0

The equation for the problem is x(1+r)^t

X is the original deposit
R is the rate or percentage of growth
T is the time, in years

X=1800
R=.06
T= 6

F(x)=1800(1+.06)^6
=1800(1.06)^6
=1800(1.41852)
=2533.3344

The above is the future value of the money, to find out how much was gained by interest just subtract the original investment of 1800

2533.3344-1800=753.3344

So the answer is B

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Rewrite 32/35 and 9/10

hram777 [196]

The question was incorrect. Please find the correct content below.

Compare 32/35 and 9/10.

Comparing 32/35 and 9/10 we have 32/35 is greater than 9/10, that is 32/35 > 9/10.

Fraction is the ratio of two numbers. The upper number is called Numerator and the Lower number is called the Denominator.

We know that if the denominators are the same for two fractions then which has the greatest numerator is a greater fraction than the other.

Given the fractions are 32/35, 9/10

To compare this two fractions we have to make denominators equal first.

LCM of 10,35 = 70

Calculating the fractions,

32/35 = (32*2)/(35*2) = 64/70

9/10 = (9*7)/(10*7) = 63/70

Since 64 > 63

So 64/70 > 63/70

Therefore, 32/35 > 9/10

Hence fraction 32/35 is greater than the other fraction 9/10.

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Butoxors [25]

Hi,

Work:

$28miles = 1gallon$

To find the cost of gallons spend for 310 miles you need to first find the amount of gallons consumed on 310 miles path.

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