Will give brainliest!!!!!!
1 answer:
A) P is the current value so P is $2,500.
r is the annual percentage rate which is 2.7% BUT it must be written as a decimal.
so r is 1.027.
n is 4 because it is compounded quarterly which is 4 times per year.
B) now substitute these values into the formula and now you know that t is 7 as it says in the question
when you type this into the calculator, you should round your answer to 2 decimal places as you are considering money.
therefore, the answer is $1,502,827.17
hope this helps! have a good day ~ •lipika•
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Answer:
B
Step-by-step explanation:
So, to figure this out, we must find the total miles Maria ran in a week.
We know that she ran 2.75 miles each day.
She did this for 7 days.
Her goal was 17.5 miles.
So first, multiply the amount of days by the amount of miles per day:
7*2.75
=
19.25
So now we know that she ran a total of 19.25 miles in a week.
Since she onlu needed to run 17.5 miles, we can instantly rule out:
A - Runs less 17.5 miles
C - Runs exactly 17.5 miles
This leaves:
B - She runs 1.75 miles more than 17.5 miles
D - She runs 2.75 miles more than 17.5 miles
To figure out which on is correct, subtract her total miles by her goal:
19.25-17.5
=
1.75
So we know it must be:
B - She runs 1.75 miles more than 17.5 miles
This is because we figured out she ran an extra 1.75 miles.
Hope this helps! :)
