1. The formula for annual compound interest, including principal sum, is:
A = P (1 + r/n)ⁿˣ
Where:
A = the future value = ?
P = the principal investment amount = $2000
r = interest rate = 4%
n = the number of times that interest is compounded per year = 4
x = the number of years = 5
Calculations:
A = 2000 (1 + 0.04/4)²⁰
A = 2000 (1 + 0.01)²⁰
A = 2000 (1.01)²⁰
A = 2000 ₓ 1.22
A = $2440.38
2. The formula for annual compound interest, including principal sum, is:
A = P (1 + r/n)ⁿˣ
Where:
A = the future value = ?
P = the principal investment amount = $50
r = interest rate = 48%
n = the number of times that interest is compounded per year = 12
x = the number of years = 2
Calculations:
A = 50 (1 + 0.48/12)²⁴
A = 50 (1 + 0.04)²⁴
A = 50 (1.04)²⁴
A = 50 ₓ 2.56
A = $128.16
3. The formula for annual compound interest, including principal sum, is:
A = P (1 + r/n)ⁿˣ
Where:
A = the future value = ?
P = the principal investment amount = $50
r = interest rate = 4%
n = the number of times that interest is compounded per year = 12
x = the number of years = 3
Calculations:
A = 50 (1 + 0.04/12)³⁶
A = 50 (1 + 0.003)³⁶
A = 50 (1.003)³⁶
A = 50 ₓ 1.12
A = $56.36
You must figure out what is 60% of 125
to find the answer all you need to do is multiply 125 by 0.6
Cody completed 75 hours
i hope this helps!!
So each book is an average of 2.8 cm
so 120 divided by each book=number of books
120/2.8=42.85
round down since you can't fit .85 of a book on a shelf
the answer is 42 books
Answer:
y=3x+4
Step-by-step explanation:
since the line is parallel it has the same slope so we have y = 3x + b. plug in the point (2,10) to get 10 = 3*2 + b, so b=4. so the equation is y = 3x +4
