Answer:
Well to find 1/3 of something you have to multiply it by 1/3.
1/3 in decimal form is .33 repeating.
17.55 * .33 = 5.79
17.55 + 5.79 = $23.34
$23.34 is the total profit.
Answer:
9
Step-by-step explanation:
All u have to do is think only about two denominators, 9 and 3
And then memorize the multiplication of any number out of these two, until u get a number which is divisible by the other number. Its like,
9×1= 9
i
is it divisible by 3?
9/3= 3
Oh yes, it is divisible by 3 with no remainings. So that is the least common denominator
Answer
After the 10 years with accrued interest, there will be roughly $1,552.92 in the account.
Explanation
Using the given equation A = P(1 +r)^t
We are given that our initial start is $500.
P = 500
We are further told that the percentage interest gained is 12%, so we need to convert this into a decimal to be able to work with it.
12% / 100% = 0.12
r = 0.12
t is then our time in years
t = 10
A = 500(1 + 0.12)^10
A = 500(1.12)^10
A = 500(3.1058)
A = 1,552.92
After the 10 years with accrued interest, there will be roughly $1,552.92 in the account.
Here, number of periods (years), n=5
Annual interest rate, i=0.05 (compounded yearly)
Present value/deposit, P=100
Future value of deposit = P(1+i)^n=100(1.05^5)=127.63 (to the nearest cent)
Answer: After 5 annual interest payments, Bob will have 127.63 in his account.