The total amount of money accrued ( principal and interest ) in 35 years is $570.78.
<h3>What is the total amount accrued?</h3>
The formula for compound interest is expressed as;
A = P( 1 + r/t )^(n×t)
Given the data in the question;
- Principal P = $200
- Rate r = 3% = 3/100 = 0.03
- Compounded monthly n = 12
- Time t = 35
- Amount accrued in 35 years A = ?
Plug the given values into the equation above.
A = P( 1 + r/n )^(n×t)
A = 200( 1 + 0.03/12 )^(12×35)
A = 200( 1 + 0.0025 )^(420)
A = 200( 1.0025 )^(420)
A = 200( 2.85390914 )
A = $570.78
Therefore, the total amount of money accrued ( principal and interest ) in 35 years is $570.78.
Learn more about compound interest here: brainly.com/question/27128740
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Answer:
see explanation
Step-by-step explanation:
Given
V = πr²h ( isolate h by dividing both sides by πr² )
= h
When V = 36π , r = 3 , then
h = 
= 
= 4 cm
The two consecutive numbers are 8 and 9.
Answer:
5
Step-by-step explanation:
Let, the unknown side be x.
1/2 × 6.6m × xm = 16.5m²
or, x= 33/6.6
x= 5
Answer:
$10.17
Step-by-step explanation:
9 x .13 = 1.17
9 + 1.17 = 10.17
