Answer:
a(t)=10000+1.08t
Step-by-step explanation:
t
1
2
3
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10,800.00
11,664.00
12,597.12
Answer:100,000
Step-by-step explanation:
Answer:
¼ cup of flour
Step-by-step explanation:
½ of ½ cup = ½×½ cup = ¼ cup
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Answer:
$9.60
Step-by-step explanation:
The question above is a simple interest question.
The formula for the amount of money after a given period of time using simple interest is given as:
A = P(1 + rt)
Where
P = Initial Amount saved or invested = $8
R = Interest rate = 5%
t = Time in years = 4
Calculation:
First, converting R percent to r a decimal
r = R/100 = 5%/100 = 0.05 per year.
Solving our equation:
A = 8(1 + (0.05 × 4)) = 9.6
A = $9.60
The amount of money that will be in a bank account after 4 years is $9.60
