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.
Answer:
1.5 kiloleter
Step-by-step explanation:
1 kiloleter = 1000 liters
so
1500 liters = 1.5 kiloleters
pls mark brainliest if possible lol
Answer:
The slope is 2 and the equation would be m(x)=2x+4.
Step-by-step explanation:
y/x so by looking at the graph you would go up to units and over l unit, therefore giving you the slope of 2.
Answer:
13 , 6.
Step-by-step explanation:
A equation is given to us and we need to find out the value of x . The given equation to us is ,
Cross multiply ,
Squaring both sides ,
Simplify the whole square ,
Add 3 and subtract x on both sides ,
Simplify ,
Split the middle term of the quadratic equation,
Take out common ,
Take out ( x -13 ) as common ,
Equate both factors to 0 ,
<u>Hence</u><u> the</u><u> </u><u>value</u><u> of</u><u> </u><u>x</u><u> is</u><u> </u><u>1</u><u>3</u><u> </u><u>or </u><u>6</u><u> </u><u>.</u>
Answer:6%
Step-by-step explanation:
Decrease = 1500 - 1410= 90
% decrease = (90/1500)*100%
= 6%
