The total amount of money accrued ( principal and interest ) in 35 years is $570.78.
<h3>What is the total amount accrued?</h3>
The formula for compound interest is expressed as;
A = P( 1 + r/t )^(n×t)
Given the data in the question;
- Principal P = $200
- Rate r = 3% = 3/100 = 0.03
- Compounded monthly n = 12
- Time t = 35
- Amount accrued in 35 years A = ?
Plug the given values into the equation above.
A = P( 1 + r/n )^(n×t)
A = 200( 1 + 0.03/12 )^(12×35)
A = 200( 1 + 0.0025 )^(420)
A = 200( 1.0025 )^(420)
A = 200( 2.85390914 )
A = $570.78
Therefore, the total amount of money accrued ( principal and interest ) in 35 years is $570.78.
Learn more about compound interest here: brainly.com/question/27128740
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All you need to do is divide 96 by 8 and you get 12 as your answer
Answer:
12 units
Step-by-step explanation:
Notice that as we go from Q to R, x (the horizontal distance) increases by 12 and y (the vertical distance) does not change. Thus, the distance between the two points is merely the horizontal distance, 12 units.
Answer and Step-by-step explanation:
The actual answer is 348.
4 rectangles with area 60 each, which, when added together, equals 240.
1 square with area 36.
Each triangle face is 18 each, so 72.
<u>Add those together and the answer is 348 </u>
<u> :).</u>
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<u><em>#teamtrees #PAW (Plant And Water)</em></u>
Answer:
55/4
Explanation:
Let's solve your equation step-by-step.
4
/5x−8=3
Step 1: Add 8 to both sides.
4
/5x−8+8=3+8
4
/5
x = 11
Step 2: Multiply both sides by 5/4.
(
5
/4
)*(
4
/5
x)=(
5
/4
)*(11)
x= 55/4
Answer:
x=
55
/4
Hope that helps :)
