Answer:
V = 5000 + 275*T for simple annual interest
or: A = 5000 * (1.055)^T for an annual compound interest
Step-by-step explanation:
I assume this is a simple interest rate. If not I will give the one for compound interest.
V = 5000 + 5000* 0.055 * T (Value of account after T years)
V = 5000 + 275*T for simple annual interest
or: A = 5000 * (1.055)^T for an annual compound interest
Cross multiply and divide
Put 191 over 238 (like a fraction) the put another fraction bar right next to your first fraction and put 100 on bottom (this equals a whole in % and it's right across from the total of 238 free throws) then multiply 191 by 100 then divide by 238 and that answer should be your the percent you need.
Answer:
-3/8= -6/16=-9/24=-12/32=-15/40....
3/8=6/16=9/24=12/32=15/40=18/48=21/56.....
Answer:
- <em><u>The reduction is 8.6%</u></em>
Explanation:
Call F the full monthly pension of a person retiring at 62.
If a person continues to work the pension grows at a rate of 6% per year, compounded monthly, so use the compounded growing formula:
Where r = 6 / 100 = 0.06, and t = number of years after retirement.
<u>For retirement at 65.5</u>:
<u>For retirement at 67</u>:
<u>Percent reduction of people who retire at 65.5 compared to what they would receive at 67</u>:
Answer: $230
Step-by-step explanation:
Since the discount Eric got was 75% of the normal price, you would divide 172.50 by 0.75 and you would end up getting the original price, or $230.
