Answer:
The total amount due after five years is $57,000.
Step-by-step explanation:
Recall that simple interest is given by the formula:
Where <em>A</em> is the final amount, <em>P</em> is the principal amount, <em>r</em> is the rate, and <em>t</em> is the time (in years).
Since we are investing a principal amount of $38,000 at a rate of 10.0% for five years, <em>P</em> = 38000, <em>r</em> = 0.1, and <em>t</em> = 5. Substitute:
Evaluate. Hence:
The total amount due after five years is $57,000.
Answer:
the x should be 10x7-(9x6)
Step-by-step explanation:
because it should be 10x7-(4+30)
Let's calculate r of this G.P: (-20)/(4) = - 5(100)/(-20) = - 5So r = -5
The formula to find the nth term of a GP is;
a(n) = a(r)ⁿ⁻¹
<u />a₆ = a(r)⁶⁻¹
a₆ = 4(-5)⁵ = -12500<u />
21,800,000 rounded to the nearest million = 22,000,000
Answer:
i = 45% and ii = 47% (Rounded)
Step-by-step explanation:
Simply divide 27 by 60 to get i:
27/60=.45
Convert to a percent chance.
.45=45%
Then divide 395 by 840 to get ii:
395/840=.47
Convert to a percent chance.
.47=47%
