Answer:
The principal must be = $8991.88
Step-by-step explanation:
Formula for compound interest is:

Where A is the amount after 't' years.
P is the principal amount
n is the number of times interest is compounded each year.
r is the rate of interest.
Here, we are given that:
Amount, A = $15000
Rate of interest = 13 % compounded quarterly i.e. 4 times every year
Number of times, interest is compounded each year, n = 4
Time, t = 4 years.
To find, Principal P = ?
Putting all the given values in the formula to find P.

So, <em>the principal must be = $8991.88</em>
Basically, unit rates are special ratios with two different terms with two different units.
1. 3 inches of rain in 6 hours
Answer: 3 inches:6 hours
2. 70 miles in 2 hours
Answer: 70 miles:2 hours.
It's easy!
Answer:

Step-by-step explanation:

