Answer:
Total amount earned after 25 years=$27,897.16
Step-by-step explanation:
Step 1: Express formula for calculating total amount
The total amount after 25 years can be expressed as;
A=P(1+r)^n
where;
A=total amount after 25 years
P=principal amount
r=annual interest rate
n=number of years
Step 2: Substitute values in the expression
In our case;
P=$6,500
r=6%=6/100=0.06
n=25 years
replacing in the original expression;
A=6,500(1+0.06)^25
A=27,897.16
Total amount earned after 25 years=$27,897.16
Answer:
Step-by-step explanation:
<u>Solve the equation:</u>
- 12/x = 80/100
- 12/x = 4/5
- x = 12*5/4
- x = 15
Answer:
n= -136
Step-by-step explanation:
The expression is equivalent to r^(m-n)
If you would like to know what is 3 divided by 5 5/8, you can calculate this using the following steps:
5 5/8 = 45/8
3 divided by 5 5/8:
3 / 5 5/8 = 3 / 45/8 = 3 * 8/45 = 8/15
The correct result would be 8/15.
