Answer: A = $1503.6
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 = 1000
r = 6% = 6/100 = 0.06
n = 1 because it was compounded once in a year.
t = 7 years
Therefore,.
A = 1000(1 + 0.06/1)^1 × 7
A = 1000(1.06)^7
A = $1503.6
495 minutes. Well you will have to work put how many hours that makesim sorry
Answer:
First statement: 10 road workers take 5 days to complete a work, working 2 hours a day.
Let us calculate how many days 2 workers will need, if they were to work at the same pace (i.e. each working 2 hours a day). The workforce is now decreased to 2 divided by 10 = 1/5 (i.e. one-fifth).
Therefore proportionately, the time will increase to 5 days divided by 1/5, (i.e. 5 / (1/5) = 25 days.
We now know that 2 workers will need 25 days to finish the work, if they work for 2 hors a day.
Now the question is what will happen if the two people work 5 hours per day, instead of 2 hours per day?
The labor they put in has increased to 5 divided by 2 = 2.5 (i.e. 2 and half times).
Consequently, the time needed to finish the work will decrease to 25 divided by 2.5 (i.e. ( 25 / 2.5 ) = 10. days.
The answer : 10 Days.
Answer:
24/25
Step-by-step explanation:
.96
the last digit is in the hundredths place so put it over 100
96/100
now we simplify
divide top and bottom by 4
24/25