Answer:
1/4
Step-by-step explanation:
Answer:
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $300
r = 10% = 10/100 = 0.1
n = 2 because it was compounded 2 times in a year(6 months).
t = 3 years
Therefore,
A = 300(1 + 0.1/2)^2 × 3
A = 300(1 + 0.05)^6
A = 300(1.05)^6
A = $402.03
Answer: $101.25
Step-by-step explanation:
Since we are given the information that one metre of ribbon costs $0.45 and that Tabitha buys 225 metres of ribbon, the amount that she will have to pay will be gotten by multiplying the cost of one meter of ribbon by the total meters that she bought. This will be:
= $0.45 × 225
= $101.25
Therefore, the cost is $101.25
