To calculate amount accrued after a given period of time we use the compound interest formula: A= P(1+r/100)∧n where A i the amount, P is the principal amount, r is the rate of interest and n is the interest period.
In the first part; A= $ 675.54, r= 1.25% (compounded semi-annually) and n =22 ( 11 years ), hence, 675.54 = P( 1.0125)∧22
= 675.54= 1.314P
P= $ 514.109 , therefore the principal amount was $ 514 (to nearest dollar)
Part 2
principal amount (p)= $ 541, rate (r) = 1.2 % (compounded twice a year thus rate for one half will be 2.4/2) and the interest period (n)= 34 (17 years×2)
Amount= 541 (1.012)∧34
= 541 ×1.5
= $ 811.5
Therefore, the account balance after $ 811.5.
We can represent the cost of the notebooks with by saying 0.75n, and the cost of the pens by saying 0.55p.
0.75n+0.55p will be the total cost before tax. Now, we need to add on tax. Tax will be 0.0625 times the total amount, so we can represent the cost by saying
(0.75n+0.55p) + 0.0625(0.75n+0.55p), so the answer is B.
O2, or Oxygen, and C6H12O6, or glucose.
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Answer: Need to clarify more about the question, I dont understand. Sorry ;//
Step-by-step explanation:
