Answer: $187 will be in the account after 6 years.
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $100
r = 11% = 11/100 = 0.11
n = 1 because it was compounded once in a year.
t = 6 years
Therefore,.
A = 100(1 + 0.11/1)^1 × 6
A = 100(1 + 0.11)^6
A = 100(1.11)^6
A = $187
No idea what language you're talking in, sorry but I only understand English? There is no photo here either.
Please Evaluate?
Thank you.
17/3. 5 times 3 is 15. Add the 2 from the numerator to get 17/3
Answer:
8
Step-by-step explanation:
When doing these types of problems, we convert the percent to a decimal. In this case,
40%=0.4
0.4*20=8
Answer:
11:13
Step-by-step explanation:
132:156
Split in half
66:78
Again
33:39
By 3
11:13
