To calculate amount accrued after a given period of time we use the compound interest formula: A= P(1+r/100)∧n where A i the amount, P is the principal amount, r is the rate of interest and n is the interest period.
In the first part; A= $ 675.54, r= 1.25% (compounded semi-annually) and n =22 ( 11 years ), hence, 675.54 = P( 1.0125)∧22
= 675.54= 1.314P
P= $ 514.109 , therefore the principal amount was $ 514 (to nearest dollar)
Part 2
principal amount (p)= $ 541, rate (r) = 1.2 % (compounded twice a year thus rate for one half will be 2.4/2) and the interest period (n)= 34 (17 years×2)
Amount= 541 (1.012)∧34
= 541 ×1.5
= $ 811.5
Therefore, the account balance after $ 811.5.
Answer:
y-12<-32
Step-by-step explanation:
just remember to underline the less than sign
The second one is correct
16, 36, 40
Set the problem up as 4x+9x+10x= 92
26x= 92
X= 4
Plug back in to get the lengths of the sides (shown above)
Answer:
Real numbers are mainly classified into rational and irrational numbers. Rational numbers include all integers and fractions. All negative integers and whole numbers make up the set of integers. Whole numbers comprise of all natural numbers and zero.
Step-by-step explanation:
