Answer:
See below
Step-by-step explanation:
Step 1.
P = $400
r = 0.04
t = 10 years
n = 12 ( as there are 12 months in a year).
Step 2.
A(10) = 400(1 + 0.04/12)^12^10
= 400 * 1.00333333^120
= $596.33 to the nearest hundredth (answer).
Answer:
1) 8 2) 125 3) 1,680 4) 5,040 5) 3,024
Step-by-step explanation:
5 1/4, 5 3/8, 5 1/2, and 5 2/3
First you need to divide 800,800 by 300,300 because you need to know how these two amounts are related, in order to know how the amounts of pounds you are converting are related.
800,800÷300,300= 2.66666.... (recurring)
If $300,300 goes into $800,800 2.66666 times, then the amount of pounds you want to find goes into £560,560 2.66666 times as well. Let's write this as an equation to solve for x (where x is the amount of pounds you will obtain for $560,560):
2.66666x = 560,560
Divide both sides by 2.66666
x = 210,210
Therefore, you will get £210,210 for $300,000
