Answer:
Kaitlin will be 1 hour and 15 minutes late (75 minutes)
15 · 5 = <u>75</u>
Let
F--------------------> future value
P--------------------> present value
r --------------------> interest rate per year
m ------------------ > number of compounding periods per year
t --------------------> time in years.
we know that
P=$1,600
<span>t=17 years
m=2
r=10%------> 0.10
F=P(1+i)</span><span>^n
</span><span>where
i=r/m ---------> 0.10/2=0.05
and
n=m*t------------> 2*17=34
</span>F=1600*(1+0.05)^34=8405.36
<span>
the answer is $</span>8405.36<span>
</span>
Answer:
22
Step-by-step explanation:
Answer:
y>4
Step-by-step explanation:
8y+9>41
subtract 9
8y>32
divide by 8
y>4
20.8478066 (or 20.85%)
you do 480.77 minus 380.54 and it comes out to 100.23 and then you do 100.23/480=x/100 (discount/original=percent/100) and you multiply 100.23 by 100 and it comes to 10023 and you do 10023 divided by 480.77 and it comes out to 20.8478066 or 20.85%