The compound interest formula is :
where, A= Future value including the interest,
P= Principle amount, r= rate of interest in decimal form,
t= number of years and n= number of compounding in a year
Here, in this problem P= $ 51,123.21 , t= 20 years and 2 months
So, t= 20 + (2/12) years
t= 20 + 0.17 = 20.17 years
As the amount is compounded daily, so n= (12×30)= 360 [Using the traditional Banker’s rule of 30 days per month]
Thus,
When the interest rate is given, then we can use this equation for finding the future value.
Answer:
245+368=?-976
Step-by-step explanation:
Answer:
The finish line
Step-by-step explanation:
Jonas is planning his trip using the finish line as reference point. He is using an interval scale (using meters as measurement) and the finish line = 0 meters or the starting point. Anything before the finish is negative and anything after is positive. In this case, his wife is located at 91 + 14 = 105 meters away from him. When you use an interval scale to measure distance, you must use absolute values to determine the distance because positive and negative points.
It’s the second answer
<1=58 <2=122 <3=58
The equation that the clerk can use to calculate their total bill is t + g.
<h3>How to illustrate the equation?</h3>
From the information given, Yasuda family bought a toy that cost t dollars and a game that cost g dollars.
The equation to calculate their total bills will be:
= t + g
where,
t = cost of toy
g = cost of game.
In this case, the equation that the clerk can use to calculate their total bill is t + g .
Learn more about equations on:
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