A = $ 861.69
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 5.5%/100 = 0.055 per year,
putting time into years for simplicity,
1 quarters ÷ 4 quarters/year = 0.25 years,
then, solving our equation
A = 850(1 + (0.055 × 0.25)) = 861.6875
A = $ 861.69
The total amount accrued, principal plus interest,
from simple interest on a principal of $ 850.00
at a rate of 5.5% per year
for 0.25 years (1 quarters) is $ 861.69.
Answer:
8/81
Step-by-step explanation:
It's most efficient to simplify the quotient algebraically before inserting the values of the variables x and y.
The given expression reduces to x³ / y^4.
Substituting 2 for x and 3 for y, we get:
(2)³ 8
--------- = ---------- (Agrees with first given possible answer)
(3)^4 81
4x................... I hope it helps
m is equal to 3. Need I say more?