Answer:
$172,984.44
Step-by-step explanation:
We can use the formula
to compute the final amount
Here P is the principal amount, the original deposit = $25,000
r is the annual interest rate = 6.5% = 0.065 in decimal
n is the number of times the compounding takes place. Here it is quarterly so it is 4 times a year
t is the number of time periods ie 30 years
A is the accrued amount ie principal + interest
Computing different components,
Therefore
Answer:
answer is 3 and ratio of two different numbers
Answer:
8m ×3.5m
Step-by-step explanation:
Area of rectangle= length ×width
Let the length and width of the rectangle be L and W meters respectively.
Area of rectangle= LW
LW= 28 -----(1)
L= 2W +1 -----(2)
Subst. (2) into (1):
(2W +1)(W)= 28
<em>Expand:</em>
2W² +W= 28
<em>-28 on both sides:</em>
2W² +W -28= 0
<em>Factorise</em><em>:</em>
(W +4)(2W -7)= 0
W +4=0 or 2W -7=0
W= -4 (reject) or W= 3.5
Substitute W= 3.5 into (2):
L= 2(3.5) +1
L= 7 +1
L= 8
∴ The dimensions of the rectangle is 8m ×3.5m.
Please include the instructions when you post a question. Thanks.
Use the formula A = P*e^(rt).
Here, A = $700*e^(0.065*t), where t is the # of years (which you have not yet included in your post).
As an example: After 2 years you'll have A = $700*e^(0.065*2), or A=$797.18, in your account.