Answer:
A = $10,441.68
A = P + I where
P (principal) = $10,400.00
I (interest) = $41.68
Step-by-step explanation:
First, convert R as a percent to r as a decimal
r = R/100
r = 0.02/100
r = 0.0002 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 10,400.00(1 + 0.0002/2)(2)(20)
A = 10,400.00(1 + 0.0001)(40)
A = $10,441.68
Summary:
The total amount accrued, principal plus interest, with compound interest on a principal of $10,400.00 at a rate of 0.02% per year compounded 2 times per year over 20 years is $10,441.68.
Answer:
True
Step-by-step explanation:
The given statement is true as a common approach to keeping a record of each customer's account receivable is to use a subsidiary accounts receivable ledger. An account's receivable subsidiary ledger is an accounting ledger that shows the transaction and payment history of each customer to whom the business extends credit.
Answer:
The Answer is A, a line segment that has both endpoints on a circle.
Step-by-step explanation:
Answer:
y=-2x-5
Step-by-step explanation:
y-y1=m(x-x1)
y-(-7)=-2(x-1)
y+7=-2x+2
y=-2x+2-7
y=-2x-5
Your proportion should look something like this
After cross multiplication, you should end up with this equation
After dividing 4 on both sides, you should get that x=9