Compound interest is the starting amount x (1+ the interest rate as a decimal)^ the time in years=the final amount.
In your case, the equation will be $1000*(1+0.10)^how many years= the final amount.
Answer:(2,23) & (7,48)
Step-by-step explanation:
Answer:
B
Step-by-step explanation:
the measure of the chord- chord angle ABC is half the sum of the arcs intercepted by the angle and its vertical angle , that is
∠ ABC =
(AC + DE) =
(75 + 45)° =
× 120° = 60°
I think it means expires. I'm not sure though
Answer:
1) $101,400
2) $27,000
Step-by-step explanation:
1) For this, we can first find how much she makes in a year from her salary alone:
$2,200×12= $26400.
Now, she also received a commission of 2.5%, so we can take this percentage from 3 million to find the total from commission:
3,000,000×0.025= $75,000
Adding these two gives us a total of $101400.
2) We can use the Simple Interest Formula to solve this (I= Prt). Plug in the values given to give us:
I= 5000(1.08)(5)
I= $27000