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Molodets [167]
3 years ago
8

Anne Katz, owner of Katz Sport Shop, loans $8,000 to Shelley Slater to help her open an art shop. Shelley plans to repay Anne at

the end of 8 years with interest compounded semiannually at 8 percent. At the end of 8 years, Anne will receive:
Mathematics
1 answer:
Gekata [30.6K]3 years ago
7 0
A= P(1 + r/n) ^nt
=8000(1+0.08/2)^8x2
=8000(1.04)^16
=$14983.85
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divide step 1 4 ÷ 25 = 0 remainder 4 The first number of the dividend is divided by the divisor.

divide step 2 The whole number result is placed at the top. Any remainders are ignored at this point.

divide step 3 25 × 0 = 0 The answer from the first operation is multiplied by the divisor. The result is placed under the number divided into.

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divide step 5 Bring down the next number of the dividend.

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divide step 8 25 × 1 = 25 The answer from the above operation is multiplied by the divisor. The result is placed under the last number divided into.

divide step 9 43 − 25 = 18 Now we take away the bottom number from the top number.

divide step 10 Bring down the next number of the dividend.

divide step 11 185 ÷ 25 = 7 remainder 10 Divide this number by the divisor.

divide step 12 The whole number result is placed at the top. Any remainders are ignored at this point.

divide step 13 25 × 7 = 175 The answer from the above operation is multiplied by the divisor. The result is placed under the number divided into.

divide step 14 185 − 175 = 10 Now we take away the bottom number from the top number.

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divide step 16 Bring down the next number of the dividend.

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divide step 18 The whole number result is placed at the top. Any remainders are ignored at this point.

divide step 19 25 × 4 = 100 The answer from the above operation is multiplied by the divisor. The result is placed under the number divided into.

divide step 20 100 − 100 = 0 Now we take away the bottom number from the top number.

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The subtraction has given zero. We stop when this happens. The answer is 17.4

As long as the subtraction gives a number above zero the long division can carry on to as many decimal places as we wish.

Answer: 435 ÷ 25 = 17.4 FOLLOW ME

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