Answer:
$1,701.64
Step-by-step explanation:
(see attached for reference)
recall that for compound interest, the following formula applies:
A = P [1 + (r/n) ] ^ (nt), where
A = final amount (we are asked to find this)
P = Principal amount = $1,200
r = interest rate = 5% = 0.05
t = 7 years
n = 12
Substituting these into the equation,
A = 1200 [1 + (0.05/12) ] ^ [(12)(7)]
A = $1,701.64
Answer:
11.25
Step-by-step explanation:
13.79-x
Let x= 2.54
13.79-2.54
11.25
A : 1/6 is the answer hope it helps
Answer:
ok ok ok chill out
go on night with her youll get it right i
Step-by-step explanation:
Answer:
55
Step-by-step explanation:
Assuming she deposited the same amount each month.
Total ÷ Months = Amount Deposited Each Month
1,320 ÷ 24 = 55