Answer:
$3456
Step-by-step explanation:
We are given;
- Money deposited (principle) as $2,700
- Rate of interest is 3.5%
- Time is 8 years
We are required to determine the amount that will remain after 8 years
- We first need to determine the interest earned after eight years using the simple interest formula.
Simple interest = (Principle × rate × interest periods) ÷ 100
Therefore;
Interest = ($2,700 × 3.5% × 8 yrs)÷ 100
= $756
Then determine the amount after 8 years
Amount = Principle + Interest
Therefore;
Amount = $2700 + $756
= $3,456
Therefore, the money in the account after 8 years is $3456
Answer:
25%
Step-by-step explanation:
There are 4 cards. Each one is a different number.
Only one card is a 9.
p(9) = 1/4 = 0.25 = 25%
The percent markup is 40% cost: $2.50/hammer *40%=1.00 Cost+markup=3.50
Answer:
Company A: 250+10n
Company B: 90+12n
Step-by-step explanation:
