Answer:$0.55
Step-by-step explanation:
Answer: he would have $343.47 after 2 years.
Step-by-step explanation:
if he leaves his interest from the first year in the bank, we would assume that his interest was compounded. We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $300
r = 7% = 7/100 = 0.07
n = 1 because it was compounded once in a year.
t = 2 years
Therefore,.
A = 300(1 + 0.07/1)^1 × 2
A = 300(1.07)^2
A = $343.47
Answer:
Sachet town is 12km from the airport
Step-by-step explanation:
In this question, we are asked to calculate the distance from sachet town to the airport.
This can be calculated by referring to a diagrammatic representation. Please check attached file.
Let’s proceed with the calculations however.
From the question, we can see that we have formed a Right angled triangle from the diagram and we need to calculate the distance x.
Mathematically;
x^2 + 16^2 = 20^2
x^2 = 20^2 - 16^2
x^2 = 400 - 256
x^2 = 144
x = sq.rt of 144
x = 12km