Answer:
i think the answer is 392= 49/Q
Answer:
26 1/2
or
26.5
Step-by-step explanation:
Answer:$6451.6 should be deposited.
Step-by-step explanation:
The principal was compounded monthly. This means that it was compounded 12 times in a year. So
n = 12
The rate at which the principal was compounded is 7.2%. So
r = 7.2/100 = 0.072
It was compounded for 3 years. So
t = 3
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. A is given as $8000 Therefore,
8000 = P (1+0.072/12)^12×3
8000 = P(1+0.006)^36
8000 = P(1.006)^36
P = 8000/1.24
P = $6451.6
Answer:
<u>Commutative property:</u> states that the order in which we multiply numbers does not change the product.
<u>Associative property:</u> states that you can add or multiply regardless of how the numbers are grouped (aka parenthesis).
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4.67 would be a rounded answer. Really it's 4.666666666666666666 (the 6 go on forever) but we can't write that out.
