How to write 304,001 in word from
2 answers:
You might be interested in
We are given that popularity of television is inversely proportional to its cost.
let us say popularity of television is represented by "P" and cost of television by "T".
We will use a constant "k" to convert the proportionality sign to equal to (=) sign.
Thus forming the equation :
We are given that 15 customers buy a television that cost $1500.
plugging P=15 and T=1500, finding k,
k=15*1500 = 22500
Next we have to find how many customers would buy a television that costs $2500, so here k=22500 and T=2500, plugging this in the equation we have ,
P=9
So there will be 9 customers that buy a television which costs $2500.
After 5 years the amount in the account will be $ 487.
<u>Step-by-step explanation:</u>
Compound Interest, A =
Where A denotes the investment's future value
P is the Principal amount = $ 400.00
r is the rate of interest annually in decimals = 0.04
n is the no. of times the interest is compounded per unit time, t = 1
t - the number of years or days or months the amount is invested = 5 years
Now we have to plug in those values in the above formula as,
A =
= 400(1+ 0.04)⁵
= 400(1.04)⁵
= 486.66 ≈ $ 487