Answer:
$7,012.76
Step-by-step explanation:
First, convert R as a percent to r as a decimal
r = R/100
r = 7/100
r = 0.07 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 5,000.00(1 + 0.07/1)(1)(5)
A = 5,000.00(1 + 0.07)(5)
A = $7,012.76
Summary:
The total amount accrued, principal plus interest, with compound interest on a principal of $5,000.00 at a rate of 7% per year compounded 1 times per year over 5 years is $7,012.76.
Answer:
336in^3
Step-by-step explanation:
The volume of a rectangulur prism can be found by multiplying the length of the box with its height and width.
Thus, we can find the volume using the solution below:
v=l*w*h
l = 12in
h = 7in
w = 4in
12*7*4 = 336in^3
Answer:
-74
Step-by-step explanation:
Answer:
Step-by-step explanation:
Let
Full time rates-$275, Part-time rates-$140
The problem can be expressed as:
Express eqtn1 in terms of f,
Substitute f value in eqtn 2.
Therefore, jeds has 17 fulltime and 9 parttime employees.
