Katie has $7 in a savings account. The interest rate is 5%, compounded annually.
2 answers:
Compound interest earned would be $1.1034
Step-by-step explanation:
The formula for amount, when interest is compounded annually is
A = P(1+r)^n
Here
A= amount
P= principal
r= rate of interest
n= time period
So putting the values in the formula
A = 7(1+.05)^3
A = 7*(1.05)^3
A = 7*1.157625
A= 8.1034
So the Compound Interest would be
C.I = 8.1034-7.0
C.I = 1.1034
Answer:
15%
Step-by-step explanation:
I am not sure
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The answer is 30 yahhhhhhhhhhh
7x+10=1/3×(12x-3)+14x
7x+10=1/3×3(4x-1)+14x
7x+10=(4x-1)+14x
7x+10=4x-1+14x
7x+10=18x-1
7x-18x=-1-10
-11x=-11
x=1
Answer:
real quick what is the graph for the awnsers sorry but we cant help unless their is a graph
Step-by-step explanation:
The mid point is（0.5，0.5）
Umm......
It is the same value.
