Given: Principal Amount (P) = $300
The rate of interest (r) = (3/4) compounded quarterly.
No. quarters in 3 years (n) = 3×4 = 12
To find: The amount for the CD on maturity. Let it will be (A)
Formula: Compound Amount (A) = P [ 1 + (r ÷100)]ⁿ
Now, (A) = P [ 1 + (r ÷100)]ⁿ
or, = $300 [ 1 + (3 ÷400)]¹²
or, = $300 × [ 403 ÷ 400]¹²
or, = $300 × 1.0938069
or, = $ 328.14
Hence, the correct option will be C. $328.14
Answer:
70%
Step-by-step explanation:
What I did was,I counted by tens on my fingers until I got to 60 and I added 7 to that and I rounded It to the nearest whole percent which was 70 because,It was closest to 67.
Answer:
$50
Step-by-step explanation:
15x18=270
1170-270=900
900/18=50
JQ, KR, LS, and MT are parallel.
