Answer:
w
Step-by-step explanation:
The time required to get a total amount of $13,200.00 with compounded interest on a principal of $7,000.00 at an interest rate of 5.5% per year and compounded 12 times per year is 11.559 years. (about 11 years 7 months)
Answer:
t = 11.559 years
<h3>Compound Interest </h3>
Given Data
(about 11 years 7 months)
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 5.5/100
r = 0.055 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(13,200.00/7,000.00) / ( 12 × [ln(1 + 0.055/12)] )
t = ln(13,200.00/7,000.00) / ( 12 × [ln(1 + 0.0045833333333333)] )
t = 11.559 years
Learn more about compound interest here:
brainly.com/question/24924853
Hi there! 5 bottles of water for $3 would make $0.60 per bottle. 0.6 * 15 = 9. That means 15 bottles of water should equal $9, but instead it is $8. Based on that, no. The costs for bottles of water is not proportional to the numbers sold. Basically, you can divide to find unit prices and multiply the number of another item to see if the numbers are proportional.
All of the toys would be given out theoretically and 1 extra of the 5 toys would be given out in total.
You would have to find out how many square feet the lawn is first:
70 x 50 = 3500 square feet
You are told that one pound = 200 square feet so use this to calculate how many pound you’ll need for 3500 square feet.
3500 square feet divided by 200 square feet = 17.5 pounds
Answer: 17.5 pounds
