Annually The amount after 10 years = $ 7247.295
quarterly compound after 10 years = $7393.5
Continuously interest =$7,419
Given:
P = the principal amount
r = rate of interest
t = time in years
n = number of times the amount is compounding.
Principal = $4500
time= 10 year
Rate = 5%
To find: The amount after 10 years.
The principal amount is, P = $4500
The rate of interest is, r = 5% =5/100 = 0.05.
The time in years is, t = 10.
Using the quarterly compound interest formula:
A = P (1 + r / 4)4 t
A= 4500(1+.05/4)40
A= 4500(4.05/4)40
A= 4500(1.643)
Answer: The amount after 10 years = $7393.5
Using the Annually compound interest formula:
A = P (1 + r / 100) t
A= 4500(1+5/100)10
A= 4500(105/100)10
Answer: The amount after 10 years = $ 7247.295
Using the Continuously compound interest formula:
e stands for Napier’s number, which is approximately 2.7183
A= $2,919
Answer: The amount after 10 years = $4500+$2,919=$7,419
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Answer:
m =
Step-by-step explanation:
Given
y = mx + 6 ( subtract 6 from both sides )
y - 6 = mx ( divide both sides by x )
= m
Answer:
Step-by-step explanation:
L = 2W + 5
A = LW = 63
L = 63/W
W=63/L
L = 2W + 5
63/W = 2W + 5
63 = 2WW + 5W
2WW + 5W - 63 = 0
2WW + 5W - 63 = 0
is already in quadratic equation form: ax^2 + bx + c = 0
use the quadratic formula to solve for two solutions:
x = ( -b +- sqrt( bb - 4ac ) ) / 2a
the two solutions are:
x = 9/2
x = -7
you cant have a negative solution for length so use the positive one
solve for length:
L=5+2(9/2)
L=5+18/2
L=5+9
L=14
Answer:
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Step-by-step explanation:
hi I am interested in the job you have posted on the floor and I was the only one who can help me with this b hhhhh Jake and I are going to the wedding and I was the only one who can do it hhhhh and we can start the game is at the park and we can go from there to here from the report are There so I can see if I can get a ride bike
Answer:x=0,y=3
Step-by-step explanation: