= $ 32,275.00
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 4.85%/100 = 0.0485 per year,
putting time into years for simplicity,
24 quarters ÷ 4 quarters/year = 6 years,
then, solving our equation
A = 25000(1 + (0.0485 × 6)) = 32275
A = $ 32,275.00
The total amount accrued, principal plus interest,
from simple interest on a principal of $ 25,000.00
at a rate of 4.85% per year
for 6 years (24 quarters) is $ 32,275.00.
I think its the... second.... please correct me if im wrong :(
Answer:
g(x) > h(x) for x = -1.
For positive values of x, g(x) > h(x).
For negative values of x, g(x) > h(x).
Answer:
Ron has 15 nickels and 9 quarters
Step-by-step explanation:
Create a system of equations where n is the number of nickels and q is the number of quarters he has:
n + q = 24
0.05n + 0.25q = 3
Solve by elimination by multiplying the top equation by -0.25
-0.25n - 0.25q = -6
0.05n + 0.25q = 3
Add them together and solve for n:
-0.2n = -3
n = 15
So, Ron has 15 nickels. Find how many quarters he has by subtracting 15 from 24:
24 - 15
= 9
So, Ron has 15 nickels and 9 quarters.
Answer:
5.89 feet.
Step-by-step explanation:
I just took the test :)
