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Answer:
- interest: $63
- balance: $9063
Step-by-step explanation:
After 6 months, the interest accrued is ...
I = Prt
I = $9000·0.014·(6/12) = $63
This is added to the principal to get the balance at that point in time.
$9000 +63 = $9063
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The interest earned in the first 6 months is $63. The balance after 6 months is $9063.
_____
The compound interest formula will give you the same result for one compounding period. It tells you the balance is ...
A = P(1 +r/n)^(nt)
where n is the number of times interest is compounded in a year (2), and t is the number of years (1/2). For annual rate r = 1.4%, this is ...
A = $9000(1 +0.007)^(2×1/2) = $9000·1.007 = $9063
Answer:
Step-by-step explanation:
1. 2/3. Flip 2/3 into 3/2 and then multiply and simplify.
2. 30/91. Flip 7/6 to 6/7 and then multiply. You cannot simplify the fraction.
3. 26/27. Flip 9/10 to 10/9 and then multiply. You cannot simplify the fraction.
4. 44.2. Multiply it as if there was no decimal. Then count the number of digits after the decimal in each factor. Then put the same number of digits behind the decimal in the product.
5. 98.75. Multiply it as if there was no decimal. Then count the number of digits after the decimal in each factor. Then put the same number of digits behind the decimal in the product.
6. 3.36. Multiply it as if there was no decimal. Then count the number of digits after the decimal in each factor. Then put the same number of digits behind the decimal in the product.
7. 2. Multiply the divisor by as many 10’s as necessary until you get a whole number. Remember to multiply the dividend by the same number of 10’s. Then divide it normally.
8. 10.93 (rounded). Multiply the divisor by as many 10’s as necessary until you get a whole number. Remember to multiply the dividend by the same number of 10’s. Then divide it normally. I rounded it to the hundredth.
Hope this helps!
We have this equation to start with: m/n = 5.5. To achieve the desired equation, you need to multiply the entire equation by n, giving you this equation: m = 5.5n. Hope this helps!
