Given:
a.) A company will need 1.8 million 5 years from now to replace some equipment.
b.) The account pays 5.25 percent interest, compounded annually.
We will be applying the Compounded Interest Formula:
Where,
A=final amount
P=initial principal balance/money to initially deposit
r=interest rate (decimal)
n=number of times interest applied per time period
t=number of time periods elapsed (in years)
In this scenario, we are asked what is the amount of principal balance/initial deposit to make to get 1.8 million in 5 years.
Annually = n = 1
We get,
Therefore, the answer is 1,393,676.52
Answer:
30
Step-by-step explanation:
You mean "four" erasers instead of "for" erasers which i corrected and solved.
Answer: You will pay 102Ghana cedis
Step-by-step explanation:
a pencil cells at 18 Ghana cedis
Three pencils will cost 3 x 18Ghana cedis=54 Ghana cedis
Also an eraser class at 12 Ghana cedis
Four erasers will cost 4 x 12 =48Ghana cedis
Total amount for three pencils and for erasers =54 Ghana cedis+48Ghana cedis=102Ghana cedis.
Well 344 rounded to the nearest hundred is 300 so times 24 its 7,200 add 4 is 7,204 but take away 12 is 7,192 and there's your answer
Answer:
x=2.5 cups are needed for 2 pies
Step-by-step explanation:
4/5 or 0.8
Fraction form: 4/5x = 2 x= 5/4
Decimial form: 0.8x = 2 x = 2.5
Mixed number form: 2 1/2
Hope that helped :)
