Depreciation of 11% per year means that the price is multiplied by 89% (0.89) every year. Do this 11 times or use exponents
Final price:
207000*(0.89^11) = 57446.083
Answer:
$7,012.76
Step-by-step explanation:
First, convert R as a percent to r as a decimal
r = R/100
r = 7/100
r = 0.07 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 5,000.00(1 + 0.07/1)(1)(5)
A = 5,000.00(1 + 0.07)(5)
A = $7,012.76
Summary:
The total amount accrued, principal plus interest, with compound interest on a principal of $5,000.00 at a rate of 7% per year compounded 1 times per year over 5 years is $7,012.76.
Answer:No 500 minutes is about 8 hours, 1 1/2 hours for 6 days is 9 hours so no he did not stay in his limit
Step-by-step explanation:
Answer:
7/12 , 3/4 , 5/6
Step-by-step explanation:
hope this helps :)
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