A $6,300.00 principal earns 6% interest, compounded annually. After 3 years, what is the balance in the account?
2 answers:
Answer: B. $7,503
Step-by-step explanation:
Given: Principal amount P = $6,300
The rate of interest r=6%=0.06
The time period t=3 years
The compound amount after t years with principal amount P at rate of interest r is given by :-
Now, for the given situation, the compound amount after 3 years is given by :-
Hence, the balance in the account after 3 years = $7503
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The point Q on a line segment with end points(2,1) and (4,2) is Q(12/5, -2/5)
<h3>What is a line segment?</h3>A line segment is a straight line that passes through two given points.
The end points of the line determine how long or short a given line segment would be.
Analysis:
point Q(x, y )
x =
y =
where M :N = 4:1
x1 = 2, x2 = 4, y1 = -1, y2 = 2
x = = 12/5
y = = -2/5
In conclusion, the point Q is (12/5, -2/5).
Learn more about line segment: brainly.com/question/2437195
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Hi there! The answer is 72 guests.
To find our answer we need to set up and solve an equation. Let the total number of guests be represented by g. The cost per guest is $13.50
Therefore the cost for all of the guests will be $13.50 × g.
To find the total cost we need to add the additional fee of $540 to cover linens and tableware.
Now we've found our equation.
Subtract 540.
Divide by 13.5
Therefore, there are 72 guests. The answer is 72.
~ Hope this helps you!
To find our answer we need to set up and solve an equation. Let the total number of guests be represented by g. The cost per guest is $13.50
Therefore the cost for all of the guests will be $13.50 × g.
To find the total cost we need to add the additional fee of $540 to cover linens and tableware.
Now we've found our equation.
Subtract 540.
Divide by 13.5
Therefore, there are 72 guests. The answer is 72.
~ Hope this helps you!