First, convert R percent to r a decimal
r = R/100
r = 7%/100
r = 0.07 per year,
Then, solve our equation for A
A = P(1 + r/n)nt
A = 200.00(1 + 0.005833333/12)(12)(5)
A = $ 283.53
Summary:
The total amount accrued, principal plus interest,
from compound interest on an original principal of
$ 200.00 at a rate of 7% per year
compounded 12 times per year
over 5 years is $ 283.53.
Answer:
He can drive 481 miles if David rents his car for three days
Step-by-step explanation:
This is true because if you take the 24.95 and multiply it by 3, because he rented it for three days, you'll get 74.85. Then you'll subtract 200 (the total money that can be spent) by 74.85 you'll get 125.15. Divide the remaining number, 125.15 by 0.26 to get 481.34. Take the decimals away because you don't need it, if you want to be sure it's correct you can multiply 481 by 0.26 to get 125.05 which is lower than 125.15 so it good because if you use 482 besides 481 it will be higher than the amount of money David can spend, that's why 481 is the right answer.
Answer:
Ted and Fred
Step-by-step explanation:
As per the question,
Ted and Fred are the owners of a gas station that is they are the owner of their own firm.
As being the owner of their own company, they are the one who is responsible for their loss. That is the firm’s owners always suffer the firm’s risk.
Business Risk: Risk that a business will not be able to cover its operating costs.
So in this case, Lawrence is the employee and legally he is not responsible to suffer any kind of the loss.
So he must be paid his salary on time and in full whether or not the firm is running a profit, a loss, or just breaking even.
As being owner Ted and Fred are responsible to withstand the business risk.
Hence, the person who is legally responsible for bearing the $40,000 loss is Ted and Fred.
Answer:
19 Cds left.
Step-by-step explanation:
The question said he used 31 Cds, so 50 minus 31 is 19.
Answer:
10^12
Step-by-step explanation:
Add the exponents when you multiply numbers with exponents
