Given Information:
Principle amount = P = $6,000
Interest rate = r = 4% = 0.04
Period in years = t = 5
Required Information:
How much interest will he earn in 5 years = ?
Answer:
Amount of interest = $1,299.92
Step-by-step explanation:
Using the formula given in the question,

Where B is the final amount, P is the initial amount, r is the interest rate and t is the number of years

The amount of interest earned is

Therefore, Quincy has earned $1,299.92 in terms of interest by investing $6,000 in a savings account at the rate of 4% annual interest for a period of 5 years.
Answer: x = 20
Step-by-step explanation:
Right angle = 90
90 - 47 = 43
43 - 3 = 40
40/2 = 20
1000 candy bars ... $350
1 candy bar ... $x = ?
If you would like to know what is the unit cost per candy bar, you can calculate this using the following steps:
1000 * x = 350 * 1
1000 * x = 350 /1000
x = 350 / 1000
x = $0.35
Result: She can buy 1 candy bar for $0.35, so the correct result would be B) $.35.
Answer:
Step-by-step explanation:
n and d are the number of nickels and dimes, respectively.
"there are 20 coins"
n+d = 20
d = 20-n
"total value is $1.40"
0.05n + 0.10d = 1.40
0.05n + 0.10(20-n) = 1.40
-0.05n + 2 = 1.40
0.05n = 0.6
n = 12
d = 20-m = 8
Answer:
Radius = 21
Step-by-step explanation:
Volume of a sphere = 4/3 * pie * radius^3
12,348 pie = 4/3 * pie * radius ^3
12,348 = 4/3 * radius^3
(12,348 * 3)/ 4 = radius^3
9261 = radius^3
radius = ![\sqrt[3]{9261}](https://tex.z-dn.net/?f=%5Csqrt%5B3%5D%7B9261%7D)
radius = 21