Answer: $45451
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 = 25000
r = 3% = 3/100 = 0.03
n = 4 because it was compounded 4 times in a year.
t = 20 years
Therefore,
A = 25000(1+0.03/4)^4 × 20
A = 25000(1+0.0075)^80
A = 25000(1.0075)^80
A = $45451
Answer:
- rate of change: $8 per hour; the per-hour rental charge
- initial value: $75; the deposit on the machine
Step-by-step explanation:
The cost to rent the machine is given as ...
total cost = deposit + ($8 /hour)×(number of hours)
The cost for 5 hours is given ans $115, so we have ...
115 = deposit + 8(5)
75 = deposit . . . . . . . . subtract 40
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The "rate of change" is given as $8 per hour, the hourly rental charge.
The "initial value" is called <em>the deposit</em>. It is found to be $75.
In order to break his record joey must eat d>7 hot dogs
The number pattern would be 8x5 because each starfish has five arms. The answer is 40
It would be 48 because 4x12 is 48 so 48 is your answer
