Complete question :
Solve the compound interest problem. $3425 is invested at %7.5 compounded monthly for 2 years. a. Find the overall amount. b. Find the compound interest.
Answer:
$3977.425 ; $552.425
Step-by-step explanation:
Given that:
Principal (P) = $3425
Rate (r) = 7.5% = 0.075
Time(t) = 2 years
A = p(1 + r/n)^nt
r = rate
n = number of times compounded per year
t = time in years
A = final amount
A = 3425(1 + 0.075/12)^12*2
A = 3425(1 + 0.00625)^24
A = 3425(1.00625)^24
A = 3425(1.1612920)
A = $3977.4251
Hence, overall amount = $3977.425
Compound interest = $(3977.425 - 3425) = $552.425
Answer:
ab=1
Step-by-step explanation:
Assuming that you meant ab=1
this is because the exponents have to be equal
Answer:
x < 3
Step-by-step explanation:
-12 < -7x -5 +14
add -5 and 14: -12 < -7x + 9
minus 9 from both sides: -7x > -21
divide both sides by -7: x < 3
the sign flips when you divide
It is D because whenever you take away the zero the amount of both numbers would be the same and adding it to the second one would keep it the same. This is a known fact for all decimals the end in zero you can add as many and take away is money but it really only matters as to what the real numbers are they don’t include zero!
That’s cool yay sus sus sus sus s sjsjs ss