Answer:
$892.50
Step-by-step explanation:
The amount of interest earned is given by ...
I = Prt
Filling in the given values, we have ...
$178.50 = P·0.04·5
Dividing by 0.20 gives ...
$178.50/0.20 = P = $892.50
The principal amount in Kelly's account is $892.50.
Answer:
it's 12
Step-by-step explanation:
5(12) =60
60+17=77
Answer:
(7/8 - 4/5)^2 = 9/
1600
= 0.005625
Step-by-step explanation:
Subtract: 7/
8
- 4/
5
= 7 · 5/
8 · 5
- 4 · 8/
5 · 8
= 35/
40
- 32/
40
= 35 - 32/
40
= 3/
40
For adding, subtracting, and comparing fractions, it is suitable to adjust both fractions to a common (equal, identical) denominator. The common denominator you can calculate as the least common multiple of both denominators - LCM(8, 5) = 40. In practice, it is enough to find the common denominator (not necessarily the lowest) by multiplying the denominators: 8 × 5 = 40. In the next intermediate step, the fraction result cannot be further simplified by canceling.
In words - seven eighths minus four-fifths = three fortieths.
Exponentiation: the result of step No. 1 ^ 2 = 3/
40
^ 2 = 32/
402
= 9/
1600
In words - three-fortieths squared = nine one-thousand six-hundredths.
Answer:
31 years to triple the investment
Step-by-step explanation:
Initial investment = 300
Triple amount that is final amount = 300*3= 900
rate of interest = 3.5 % = 0.035
we need to find out number of years (t)
for compounded continuously we use formula

A is the final amount
P is the initial amount
r is the rate of interest
t is the number of years

Divide both sides by 300

take 'ln' on both sides

ln(3) = 0.035t ln(e)
ln(e)= 1

t= 31.3889
Round to nearest whole number
t= 31 years
Answer:
THank u so much for the free points
Step-by-step explanation: