Suppose Brandi buys a CD for $1000 that earns 3% APR and is compounded
2 answers:
Answer:
$1,061.76
Step-by-step explanation:
(refer to attached handout)
For compound interest, you are given:
A = ? (need to find)
P = $1000
r = 3% = 0.03
n = compounded monthly = 12 times per year
t = 2 years
(substituting this into the formula)
A = P [ 1 + (r/n) ] ^(nt)
A = 1000 [ 1 + (0.03/12) ] ^[(12)(2)]
A = 1000 [ 1 + 0.0025 ] ^24
A = 1000 [ 1.0025 ] ^24
A = 1,061.76
You might be interested in
Answer:
Step-by-step explanation:
Amplitude is twice the coefficent of the sine function. In this case,
Period is divided by the coefficent of x, in this case,
Phase shift, is how much you sum or subctract from x inside the sine, in this case .
Midline you get by hiding the sine and reading what's left, in this case, -4.
Answer:
538.3
Step-by-step explanation:
First of all find the area of the rectangle
L*W
15*30
450
Now find the area of semi circle
1/2
Since radius is half a diameter divided 15 by 2=7.5
1/2 7.5 times 7.5= 56.25
1/2*3.14*56.25
56 times 3.14 is 176.625 now multiply 176.625 by 1/2
Answer is 88.3125
Now add 450 to 88.3125
Final answer: 538.3125