Answer:
FV = P(1 + r/t)^nt; where P is the initial investment, r is the rate, t is the number of accumulation in a year, n is the number of years.
FV = 7650(1 + 0.05/4)^(9 x 4) = 7650(1 + 0.0125)^36 = 7650(1.0125)^36 = 7650(1.564) = $11,964.17
Step-by-step explanation:
Answer:
=24.5%
Step-by-step explanation:
- Simple interest = (principal×rate×time)÷100. *brackets first*
- transpose the formula to make rate the subject: rate= (100×simple interest) ÷ (principal×time)
- plug in values: rate = (100×37975) ÷ (31000×5)
- the result is 24.5%
Since an hour has 60 minutes you will take away 5 from 25 and put the 5 on 55 to get 9:00 then you add the rest to get 9:20.
Hope this helps. :)
Answer:
12 20 15
Step-by-step explanation:
Answer:
(5,3)
Step-by-step explanation:
Look for the coordinates of the point of intersection where the 2 graphs cross. This gives the solution.
In this case, they cross at (5,3) and they intersect at only one location (i.e there is only 1 solution)
