The answer to this problem is 11340
Multiply 54,000 by 7% (7/100) by 3
remember i=prt ( interest= principal, rate, time
Answer:
Step-by-step explanation:
0.375
Answer: The group wants to raise $1,200.
Step-by-step explanation:
We can use a proportion to solve.
part/whole = percent/100
If we insert the values:
276/x = 23/100
We can cross multiply.
276 x 100 = 27,600
27,600 / 23 = 1,200
$1,200 is the answer.
9514 1404 393
Answer:
11
Step-by-step explanation:
The future value of the account is given by the formula ...
A = P(1 +r/12)^(12t) . . . . principal P invested at rate r for t years
Solving for t, we find ...
A/P = (1 +r/12)^(12t) . . . . . . . . . . . divide by P
log(A/P) = 12t·log(1 +r/12) . . . . . . take logs
Divide by the coefficient of t, then fill in the numbers.
t = log(A/P)/(12·log(1 +r/12)) = log(202800/93000)/(12·log(1 +.068/12))
t ≈ 11.497
It will take about 11 years for the account balance to reach the desired amount.
Answer:
2+4 6(8)
Step-by-step explanation:
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