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vitfil [10]
4 years ago
5

$800 principal earning 7%, compounded annually, after 4 years

Mathematics
1 answer:
Jlenok [28]4 years ago
6 0

Answer:

$1050

Step-by-step explanation:

<h2><u>formula for compound interest method:</u></h2>

A = P ( 1 + r/100)^n

A is actual amount

r is the rate of interest

P is the principle

n is the number of years

A = 800 (1 * 7/100)^4

= 1048.637

to 3sf = <u>$1050</u>

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How do you write 0.5 in scientific notation?
ozzi
0.5 x 10^0
= 5 x 10^-1

8 0
3 years ago
A sales manager sets sales goals for each of his employees. The manager increases the goals of his salespeople by 5% each month.
Stolb23 [73]

Answer:

Her sales after 6 months are = 127units

Step-by-step explanation:

Percentage increase:- The degree to which a value increases expressed in percent form is known as percentage increase.

formula for % increase = (final value - initial value)/initial value(100)

Here in the question,

percentage increase after every month is = 5%

initial value  =  95 units

therefore by applying above formula :-

[(x-95)/95]×100 = 5          [where x is the value of her sales goals after 1 month]

x = (5/100)×95+ 95

x = 99.75

Now this x will be the initial value for the next month

x₂ = (5/100)99.75+ 99.75             [ x₂ = sales goal after 2 months]

x₂ = (5/100)×99.75+ 99.75

x₂ = 104.73

similarly,

(x₃-104.73/104.73)100 = 5       [x₃ = sales after 3 months]

x₃ = 109.96

similarly for 4th month,

(x₄ -109.96/109.96)100 = 5       [x₄ = sales after 4 months]

x₄ = 115.45

for 5th month,

(x₅ -115.45/115.45)100 = 5       [x₅ = sales after 5 months]

x₅ = 121.22

finally for the 6th month

(x₆-121.22/121.22)100 = 5        [x₆ = sales after 6 months]

x₆ = 127.28

therefore,

her sales after 6 months are = 127.28 units or 127 units by rounding off

learn more on percentage increase at :

brainly.com/question/14163915

#SPJ10

3 0
2 years ago
In the figure, m || n and x || y. If the m... ​
bulgar [2K]

Answer:

105°

Step-by-step explanation:

m(15) = 75°

Also it's given that m||n . So taking y as transversal ,

m(15) = m(13) = 75°

Also it's given that x||y . So taking m as transversal ,

m(13) = m(5) = 75°

Now m(5) & m(1) are linear pair. So ,

m(5) + m(1) = 180°

=> 75° + m(1) = 180°

=> m(1) = 180° - 75°

= 105°

4 0
3 years ago
Which symbol(s) represent SI units for temperature? Check all that apply.
Leviafan [203]

Answer:

K of Kelvin

Step-by-step explanation:

6 0
3 years ago
WILL GIVE BRAINLIEST
meriva

Answer: i think its b

Step-by-step explanation:

3 0
3 years ago
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