Answer:
The amount is $16718.7 and the interest is $4718.7.
Step-by-step explanation:
STEP 1: To find amount we use formula:
A=P(1+rn)n⋅t
A = total amount
P = principal or amount of money deposited,
r = annual interest rate
n = number of times compounded per year
t = time in years
In this example we have
P=$12000 , r=3.33% , n=4 and t=10 years
After plugging the given information we have
AAAA=12000(1+0.03334)4⋅10=12000⋅1.00832540=12000⋅1.393225=16718.7
STEP 2: To find interest we use formula A=P+I, since A=16718.7 and P = 12000 we have:
A16718.7II=P+I=12000+I=16718.7−12000=4718.7
We know how much 16 keychains is, now we need to find how much one is.
19.68 / 16 = $1.23
$1.23 is the price of one keychain, now you can multiply that by 25 to see how much 25 keychains cost.
p = number of items sold (note: this is not the profit)
1 item sells for $855, so p items sell for 855p dollars
Subtract off the cost of 6780 and we have the expression 855p-6780 which is the profit for that given month.
Now plug in p = 250 because 250 items were sold in that given month
855*p - 6780 = 855*250 - 6780 = 206,970
The company earns $206,970 in profit for that month. Apply 15% to this value
15% of 206,970 = (15/100)*206,970 = 0.15*206,970 = 31,045.50
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Answer: $31,045.50 which is choice C
Answer:
Step-by-step explBanation:
Answer:
B. 16/3
Step-by-step explanation:
f(2) = 1/3 · 4²
f(2) = 1/3 · 16
f(2) = 16/3
