Answer:
$19.08
Step-by-step explanation:
18 + 6% = (18 x 1.06) = 19.08
Answer:
Step-by-step explanation:
J and K are equal
8x - 23 = 6x + 11 Add 23 to both sides
8x = 6x + 11 + 23 Combine the right
8x = 6x + 34 Subtract 6x from both sides
8x - 6x = 34 Combine the left
2x = 34 Divide by 2
x = 34/2
x = 17
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M and L are both supplementary to J and K respectively.
J = 8x - 23
J = 8*17 - 23
J = 136-23
J = 113
K = 113
===================================
M + 113 = 180
M = 180 - 113
M = 67
L = 67
Answer: $1114.91
Step-by-step explanation:
The formula for compound interest is

Where
A = final amount
P = initial principal balance (1030 for this)
r = interest rate (0.04 for this)
n = number of times interest applied per time period (2 for this)
t = number of time periods elapsed (2 for this)

This rounds up to $1114.91