Answer:
$755.80
Step-by-step explanation:
Determine the compound amount first and then subtract the principal from it, to find the amount of interest.
The compound amount formula is A = P (1 + r/n)^(nt), where
P is the initial principal, r is the interest rate as a decimal fraction, n is the number of compounding periods per year, and t is the number of years. Here, P = $2179; t = 5 yrs; r = 0.06; and n = 4 (quarterly compounding).
We get:
A = $2179(1 + 0.06/4)^(4*5), or $2179(1.015)^20, or $2179(1.347) = $2937.80.
The compound amount is $2934.80. Subtracting the $2179 principal results in the interest earned: $755.80.
Step-by-step explanation:
to write a line equation we need minimum of two points. basicaly a line is written in the form y=mx+c where, m is the slope of the line and c is the intercept made by the line on x-axis (OR) or if two points (x1,y1) and (x2,y2) are given then we can form a line equation as (y-y1)= (y2-y1)*1/(x2-x1) *x-x1 (OR) (y-y2)= (y2-y1)*1/(x2-x1) *x-x2
Answer:
10 nickels
9 dimes
5 quarters
Step-by-step explanation:
Answer:
Step-by-step explanation:
1. true
2. true
3. true
4. false