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:
your answer would be 1/24
Step-by-step explanation:
this is because if you half it you get 5/120
then divide each by 5 to get 1/24
hope it helps!!
3/-7 is equivalent to -3/7z
The first choice is substitution because G s being substituted by C
I think it is the tens because the first is ten thousand, second is thousand, third is hundreds and last is units ones
