Answer:
Step-by-step explanation:
Any time you have compounding more than once a year (which is annually), unless we are talking about compounding continuously, you will use the formula
Here's what we have:
The amount after a certain time that she has in the bank is 4672.12; that's A(t).
The interest rate in decimal form is .18; that's r.
The number of times the interest compounds is 12; that's n
and the time that the money is invested is 3.5 years; that's t.
Filling all that into the formula:
Simplifying it down a bit:
Raise 1.015 to the 42nd power to get
4672.12 = P(1.868847115) and divide to get P alone:
P = 2500.00
She invested $2500.00 initially.
Answer:b
Step-by-step explanation:
Answer:
should be 15...
Step-by-step explanation:
First you convert kilograms to pounds,
1 kilogram = 2.205 pounds
next you times the number of pounds per kilogram by the number of kilograms given that need to be turned into pounds.
80 times 2.205 = 176.4
next you subtract to get the answer
176.4 - 135= 41.4
so Ms. Johnson weighs 41.4 pounds less than herr husband
Answer:The answer is 5, 414.52
Step-by-step explanation:
Since number of years isn't imputed, it will be assumed it's for 1 year
Hence using Compound interest formula
A = P( 1 + r/n)^not
Inputting values
A = 5000( 1 + 0.08/9) ^ 9*1
A = 5, 414.52
Hope this helps
