First you do $60 divided by 4 which equals $15
Then you take 1% of 15 which is 0.15 and multiply thirty percent by that and subtract thirty percent from 100% and get 70% which is 10.5
Answer:
The total compound interest is $3,488.50, I hope I helped explain how to find total compound interest
Step-by-step explanation:
So the formula for this would be:
A = P(1+r/n)^nt
A = the amount of your principal plus interest, which is the total
P = stands for the principal, which is your original amount invested
r = shows the interest rate in decimal form
n = stands for the number of compounding periods
So to solve for the compound interest we would plug in our numbers in replacement for the letters
I think the answer is 700 as 700*10=7,000.
Answer:
16.75
Step-by-step explanation:
The number 4 in 16.748 is in the hundredths place.
The number right behind it is 8, which is greater than or equal to 5...
...meaning that it should round up! Not stay the same.
