Answer:
$8950.37
Step-by-step explanation:
Use the compound amount formula A = P(1 + r/n)^(nt), in which P is the initial amount of money (the principal), r is the interest rate as a decimal fraction, n is the number of times per year that interest is compounded, and t is the number of years.
Here we have A = $11,000, n = 2, r = 0.07 and t = 3, and so:
$11,000 = P(1 + 0.07/2)^(2*3), or
$11,000 = P (1.035)^6
$11,000 $11,000
Solving for P, we get P = ---------------- = ------------- = $8950.37
1.035^6 1.229
Depositing $8950.37 with terms as follows will result in an accumulation of $11,000 after 3 years.
i think its 2.5 because 15/6= 2.5 so 2.5t=h and the equation is kt=h so 2.5 makes the most sense.
I hope this helps
Answer:
Step-by-step explanation:
Answer:
A = 1100cm^2
Step by step Explanation:
given the dimensions of width and length of the picture are x+20 by 2x-10 and the frame is a constant 5 cm wider from the edge of the picture to the frame, than the area of the frame is defined as (x+30)(2x)-(x+20)(2x-10) = 30x+200.
If the width is equal to the length which I assume is true if the width is constant.
than x+30=2x, which means x = 30.
if this is true than 30(30)+200 = 1100cm^2
