Answer:
The amount after 4 years = $ 16198.87
Step-by-step explanation:
Points to remember
Compound interest
A = P[1 + R/n]^nt
Were A - Amount
P - Principle
R - Rate of interest
t - Number of years
n - Number of times compounded
<u>To find the amount</u>
Here P = $11,800, R = 8% = 0.08, t = 4 years and n = 4 times
A = P[1 + R/n]^nt
= 11800[1 + 0.08/4]^(4 * 4)
= 16198.87
Therefore amount after 4 years = $ 16198.87
Answer:
5 quarters and 2 dimes
Step-by-step explanation:
5 quarters make 1.25 + 10 cents = 1.45
Answer:
1/8
Step-by-step explanation:
Answer:
Step-by-step explanation:
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Add 4x to both sides and get
13 = 1 + 3x
12 = 3x [from subtracted 1 from both sides]
x = 4 [from dividing 3 from both sides]
therefore your answer would be x = 4
