Answer:
c
Step-by-step explanation:
Answer:
A
Step-by-step explanation:
I am to determine the future value of Thomas' deposit with annual compounding
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
840 x (1.075)^5 = 1205.93
I am to determine the future value of Sherill's deposit in 5 years using simple interest
The amount that would be in the account = amount deposited + interest earned on deposit
interest earned on deposit can be determined by determining the simple interest
Simple interest = amount deposited x time x interest rate
1250 x 0.069 x 5 = 431.25
Amount that would be in her account after 5 years = 1250 + 431.25 = 1681.25
Sheril's money is higher by - 1681.25 - 1205.93 = 475.32
Answer:
C. 56
Step-by-step explanation:
252/4.5=56
Using the formula you can get this answer
I think the answer is B false
Answer:
80 ft²
Step-by-step explanation:
The area of the path is equal to the area of the overall square minus the area of the garden.
Area of a square is the side length squared:
A = s²
The overall square has a side length of 12 feet. The side length of the garden is 12 - 2 - 2 = 8 feet. So the area of the path is:
A = 12² - 8²
A = 144 - 64
A = 80
The area of the path is 80 ft².
