Use the compound interest formula.
Let A = the ending amount
Let P = the principal
Let r = the interest rate
Let n = the amount compounded a year
Let t = time
A = P(1 + r/n) ^(n/t)
Substitute your numbers in
A = $7,000(1 + 0.06/4)^(4/7)
Solve for A
A = $7,059.81
Answer:
interest rate = 2.9%
Step-by-step explanation:
the principal is $25,000, the interest is $10,875
Number of years = 15
We use simple interest formula
I = P*r*t
Where I is the interest amount=10,875
P is the principal amount= 25000
r is the interest rate = r
t is the number of years = 15
Plug in all the value in the formula
I = P*r*t
10875 = 25000 * r * 15
10875 = 375000 * r
Divide both sides by 375000
r=0.029
We always write rate of interest in percentage so we multiply by 100
0.029 * 100= 2.9%
So interest rate = 2.9%
Answer:
AD is Congruent to BC and it's given, (given just means that it was already said or stated, and you don't need to do the work to find it) Angle DAC would be congruent to angle BAC (if that doesn't work, rearrange them to look like angle CAB). AC would be congruent to DB. Triangle ADC would be congruent to triangle BCD by (since i don't know exactly which way the letters are arranged is would either be SAS or SSA) and that's because you know two of the sides are congruent to each other and one angle.
I tried hard to sketch out what the shape looked like based on the information given, and that's because I need a visual of what the shape looks like. Sorry, this took so long to answer.
To answer this you could do a couple things. 1. Actually calculate both tips and then subtract them. Here is the math ( assuming it is $60, not 60% that you mean). a. 0.15 x 60 = $9. b. 0.0825 x 2 x 60=$9.90. c. 9.90-9.00= $0.90 difference.
The other strategy would be to find the difference on the percents and then multiply by $60. a. 8.25%x2=16.5%-15%. Difference of 1.5%. b. 0.015 x $60=$0.90.
Answer:
a = 15
Step-by-step explanation:
This is your given:
You are going to want to get a alone to get what a equals.
Multiply 3 on both sides to get the a alone
