Given: Principal Amount (P) = $300
The rate of interest (r) = (3/4) compounded quarterly.
No. quarters in 3 years (n) = 3×4 = 12
To find: The amount for the CD on maturity. Let it will be (A)
Formula: Compound Amount (A) = P [ 1 + (r ÷100)]ⁿ
Now, (A) = P [ 1 + (r ÷100)]ⁿ
or, = $300 [ 1 + (3 ÷400)]¹²
or, = $300 × [ 403 ÷ 400]¹²
or, = $300 × 1.0938069
or, = $ 328.14
Hence, the correct option will be C. $328.14
Here is your Answer
Step-by-step explanation:
Ravi bought rice = 50kg
Rate it =40kg
Sold it at the rate = = 44kg
<h3>Answer: -34</h3><h2 /><h2 /><h2>Mark me as brainlist and give me 20 thx pls</h2>
Answer: x = -10
Step-by-step explanation:
Answer:
You cannot solve for x on any of these. it will just be the same answer.
Step-by-step explanation:
The supplement of 61 degree is 119 degrees
180-61=119
