How many years from 1848-2015
2 answers:
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Answer:
3 : 7 =>
Anna = $180
Raman = $420
1 : 4 =>
Anna = $120
Raman = $480
Step-by-step explanation:
<u>Shares when ratio is 3 : 7</u>
Anna : Raman = 3 : 7
Sum of ratio 10
Anna's share=
Raman 's share=
<u>Shares when ratio is 1 : 4</u>
Anna : Raman = 1 : 4
Sum of ratio = 5
Anna 's share =
Raman's share =
Answer:
$25,626.53
Step-by-step explanation:
You are going to want to use the compound interest formula, which is shown below.
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
<em />
First, change 8.5% into a decimal:
8.5% -> -> 0.085
Now lets plug in the values into the equation:
Lastly, subtract the total from the initial balance:
Michelle earned $25,626.53 in interest.