Answer:
A.
Step-by-step explanation:
Answer:
1938
Step-by-step explanation:
9514 1404 393
Answer:
- interest: $63
- balance: $9063
Step-by-step explanation:
After 6 months, the interest accrued is ...
I = Prt
I = $9000·0.014·(6/12) = $63
This is added to the principal to get the balance at that point in time.
$9000 +63 = $9063
__
The interest earned in the first 6 months is $63. The balance after 6 months is $9063.
_____
The compound interest formula will give you the same result for one compounding period. It tells you the balance is ...
A = P(1 +r/n)^(nt)
where n is the number of times interest is compounded in a year (2), and t is the number of years (1/2). For annual rate r = 1.4%, this is ...
A = $9000(1 +0.007)^(2×1/2) = $9000·1.007 = $9063
Answer:
none above
Step-by-step explanation:
In order to express 0.45 as a common fraction, all you have to do is first divide 45 to 100. So in order to get the answer to this, you just have to put 45 as the numerator and 100 as the denominator. This will become 45/100. To turn it into its simple form, you have to first ask yourself what is a common divisible number for the two. 5 can be divided by 45 and 100 so 5 can be used. So the final answer, if you make it into simplest form, will be 9/20
