Answer:
$1,519
Step-by-step explanation:
Given that :
Balance = principal = $520
Time (t) = 6 years
Annual. Interest rate (r) = 18% = 0.18
Using the compound interest formula:
A = P(1 + r/n)^nt
n = number of times interest is applied per period ; A = final amount
Since interest is compounded monthly, n = 12
A = 520(1 + 0.18/12)^(12 * 6)
A = 520(1 + 0.015)^72
A = 520(1.015)^72
A = 520(2.9211579)
A = 1519.0021
Hence, final amount = $1519
Answer:
Each person pays $12.
Step-by-step explanation:
$10 + $2 = $12
Since lines with the same slope are parallel all u have to change about the original equation is the y intercept(b), so u just plug in the point into their variable and solve for b.
Answer: y=2x+2
My work:
Water at the surface of the ocean, rivers, and lakes can become water vapor and move into the atmosphere with a little added energy from the Sun through a process called evaporation. ... The water droplets that form make up clouds.
Answer:
$300.00
Step-by-step explanation:
