A = $2,861.60
I = A - P = $2,361.60
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 26.24%/100 = 0.2624 per year.
Solving our equation:
A = 500(1 + (0.2624 × 18)) = 2861.6
A = $2,861.60
The total amount accrued, principal plus interest, from simple interest on a principal of $500.00 at a rate of 26.24% per year for 18 years is $2,861.60.
The earth's circumference is: 24,901miles
Answer:
5 weeks
$175
Step-by-step explanation:
Bill owes his mother $300 and plans to pay her $25 every week.
Therefore, after w weeks he has to give her mother more C = 300 - 25w, amount of money.
Steve owes his mother $550 and plans to pay her $75 every week.
Therefore, after w weeks he has to give her mother more C = 550 - 75w, amount of money.
If after w weeks they both will owe their mother the same amount of money, then
300 - 25w = 550 - 75w
⇒ w = 5 weeks. (Answer)
Now, the amount of money will be $(300 - 25 × 5) = $175. (Answer)
Answer:
6
Step-by-step explanation:
1/2 * 1/2 * 2 * 12 =
1/2 * 12 (because the 1/2 and 2 cancel out, as they form 1) =
6
