We have been given that Nicolas has $6,500 to deposit into an account which earns 3.25% interest compounded annually. We are asked to find amount of interest earned at the end on 8 years.
We will use compound interest formula to solve our given problem.
, where,
A = Final amount,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.






Now we will subtract principal amount from final amount to find amount of interest as:


Therefore, Nicolas would have earned $1895.25 in interest at the end of 8 years.
Answer:
- boat: 6 mph
- current: 2 mph
Step-by-step explanation:
The relationship between time, speed, and distance is ...
speed = distance/time
For boat speed b and current speed c, the speed downstream is ...
b +c = (16 mi)/(2 h) = 8 mi/h
The speed upstream is ...
b -c = (16 mi)/(4 h) = 4 mi/h
Adding the two equations eliminates the c term:
2b = 12 mi/h
b = 6 mi/h . . . . . divide by 2
Solving the second equation for c, we get ...
c = b -4 mi/h = 6 mi/h -4 mi/h = 2 mi/h
The speed of the boat in still water is 6 mi/h; the current is 2 mi/h.
ANSWER
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Ratio of 8th graders to 7th graders = 3 : 2
Let the number of graders be 3x and 2x
Number of 8th graders = 18
So , 3x = 18
x = 18/3 = 6
Number of 7th graders = 2 × 6 = 12
Ratio of 6th graders to 7th graders = 5 : 4
Let the number of graders be 5a and 4a
Number of 7th graders = 12
So , 4a = 12
a = 12/4 = 3
Number of 6th graders = 5×3 = 15 ANS
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#BE BRAINLY
Answer:
$14.5
Step-by-step explanation:
Given data
Cost for the visit=442.25 Rubles
exchange rate
3 USD= 91.5 Rubles
but 1 USD= 91.5/3
= 30.5
Therefore if 1 USD is 30.5 Rubles
Then xUSD is 442.25 Rubles
cross multiply
30.5x= 442.25
divide both sides by 30.5
x= 442.25/30.5
x=14.5USD
The cost of the attraction is $14.5
Answer:
125
Step-by-step explanation:
600=150+225+100+X=475+X
600-475=125=X
X=125