Ok, so the formula for compound QUARTERLY is A=P(1+ʳ/n)ⁿ<span>ᵗ.
P= The initial amount.
R= The Rate
T= The Time/Number of Years
N= Number of time interest is compounded per year. (In this case its 4 because it compounded QUARTERLY.)
So if you input the numbers, you will get A=10,000(1+0.0625/4)</span>⁴⁽²⁵⁾<span>
Now solve inside the parenthesis.
10,0 00(1.0625/4)</span>⁴⁽²⁵⁾
Now you will need a calculator for the next part...
Do 1.0625/4 and times it by 10,000 .
You will get 0.0265265. You can't for get about the ⁴⁽²⁵⁾.
⁴⁽²⁵⁾=<span>¹⁰⁰
</span>2,656.25¹⁰⁰=
$47134.43 Hope This Helped!
the original cost was $111.60.
Answer:
Step-by-step explanation:
we know that
The probability that a point chosen randomly inside the rectangle is in the square is equal to divide the area of the square by the area of rectangle
Let
x-----> the area of square
y----> the area of rectangle
P -----> the probability
<em>Find the area of square (x)</em>
<em>Find the area of rectangle (y)</em>
Find the probability P
Answer:
2 times
Step-by-step explanation:
