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Brilliant_brown [7]
3 years ago
7

Ir Coffee costs $9 per pound. How much does 600 pounds of coffee cost?

Mathematics
2 answers:
vitfil [10]3 years ago
8 0

Answer:

11.400 dollars... is the answer

beks73 [17]3 years ago
8 0

Answer:

$5400

Step-by-step explanation:

9 x 600 = 5400

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Jay places $3200 in an investment account earning 4.1% interest compounded weekly. How much money would he have in the account a
jasenka [17]

Answer:

A = $3,926.71

Step-by-step explanation:

Given: Principal (P) = $3200, Annual Rate (R) = 4.1%, Time = 5 years

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Formula: A = P(1 + r/n)^nt

Solution: Compound interest is one of the most important concepts to understand when managing your finances. It can help you earn a higher return on your savings and investments, but it can also work against you when you're paying interest on a loan

First, convert R as a percent to r as a decimal

r = R/100

r = 4.1/100

r = 0.041 rate per year,

Then solve the equation for A

A = P(1 + r/n)^{nt}

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A = $3,926.71

Hence, Jay would have $3,926.71 after 5 years is if he made no deposits or withdrawals during that time.

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