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.
80
<span>One pint of blueberries contains about 80 berries. Lee's fruit salad recipe calls for 20 blueberries per serving. She has all of the other fruit necessary for the salad, but only 1 quart of blueberries. How many servings of the fruit salad can Lee prepare?
</span>
Answer:
590,551.2
1km ⇦.0003048ft
1hr⇦60min
3÷0.0003048×60=590,551.18110236
590551.2
Answer:
a = 1
Step-by-step explanation:
x = 8
3x - y = 9
3(8) - y = 9
24 - y = 9
-y = 9 - 24
-y = -15
y = 15
ax + y = 23
a(8) + 15 = 23
8a = 23 - 15
8a = 8
a = 8/8
a = 1
