Answer:
Thank you have fun in quarantine
Answer:
$21,000
Step-by-step explanation:
Solve the following fraction problem and choose the correct alternative: Jaime buys a property for $ 84,000 and after one year sells it earning 1/4 of the purchase price. How much was the profit? *
The amount of profit is calculated as
1/4 of the purchase price
Purchase price = $84,000
= 1/4 of $84,000
= 1/4 × $84,000
= $21,000
Therefore, the amount of the profit = $21,000
Simplify y=8x+2x+2: y=10x+2
Same as equation y=10x+2
Therefore it has infinitely many solutions
Answer:
$3,153.32
Step-by-step explanation:
Given that
The deposited amount is $3,000
The annual interest rate is 1.25%
So, the semi-annual interest rate is 1.25% ÷2 = 0.625%
And, the time period = 4 × 2 = 8
We need to find out the final balance
So,
As we know that
Future value = Present value × (1 + rate of interest)^number of years
= $3,000 × (1 + 0.625%)^8
= $3,153.32