Answer:
85 in intreset and 935 totoal
Step-by-step explanation:
Answer:
A = $935.00
I = A - P = $85.00
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 5%/100 = 0.05 per year.
Solving our equation:
A = 850(1 + (0.05 × 2)) = 935
A = $935.00
The total amount accrued, principal plus interest, from simple interest on a principal of $850.00 at a rate of 5% per year for 2 years is $935.00.
1) Since it was 0 years when the college opened, we put x=0 and we get
T=12000
2) 0.03%
3) From 1990 to 2020, it is 30 years. Thus, x=30.
T=12000*(1.03)^30
For calculations for the 2nd point, refer to the picture.
Hope this helps!
For future whenever you solve these type, just know that x is a variable and tree have to insert out own value for x according to the questions’s demand.
Answer:
I believe the answer would be 61.2 x 10^4
Step-by-step explanation:
61.2 > 10
Answer:
20,000
Step-by-step explanation:
Add it up or multiply