Answer:
$1015.11
Step-by-step explanation:
Compounded interest rate formula: A = P(1 + r/n)^t
Step 1: Plug in known variables
A = 1000(1 + 0.005/12)^36
Step 2: Multiply it all together
1000(1.00042)^36
1000(1.01511)
1015.11
This is a pretty bad bank considering only giving you .5% interest per month.
Answer:
13/20
Step-by-step explanation:
To add fractions without the common denominator, you have to make them equal so
1/4 x 5 = 5/20
2/5 x 4 = 8/20
5/20 + 8/20 = 13/20
Answer:
Slope is 1/2
Step-by-step explanation:
Using the slope formula y₂-y₁/x₂-x₁
(x₁,y₁) and (x₂,y₂) → (1,2) and (3,3)
So...
3-2=1
3-1=2
1/2
Answer:
60%
Step-by-step explanation:
16 loaves of white bread and 24 loaves of wheat bread. = 40 loaves of bread
P( wheat) = number of wheat/ total
= 24/40
=.6
=60%
