The total amount of money accrued ( principal and interest ) in 35 years is $570.78.
<h3>What is the total amount accrued?</h3>
The formula for compound interest is expressed as;
A = P( 1 + r/t )^(n×t)
Given the data in the question;
- Principal P = $200
- Rate r = 3% = 3/100 = 0.03
- Compounded monthly n = 12
- Time t = 35
- Amount accrued in 35 years A = ?
Plug the given values into the equation above.
A = P( 1 + r/n )^(n×t)
A = 200( 1 + 0.03/12 )^(12×35)
A = 200( 1 + 0.0025 )^(420)
A = 200( 1.0025 )^(420)
A = 200( 2.85390914 )
A = $570.78
Therefore, the total amount of money accrued ( principal and interest ) in 35 years is $570.78.
Learn more about compound interest here: brainly.com/question/27128740
#SPJ1
Answer:
20mph
Step-by-step explanation:
because when you divide the 280 it goes by 20 mph to get to 280 miles by quarters but in 20s
Great question! I had this question in Geometry on Edmentum.
Answer: Height of cone = 3y
Step-by-step explanation:
We know that the cylinder and the cone have the same volume. The cylinder has radius x and height y. We will make use of the formulas:
Volume of cylinder = πr²h
Volume of cone = 1/3πr²h
Since the cone has radius 1/3x, we will have to make its height 3 times of y (the height of the cylinder) to make both the cylinder and the cone have the same volume.
So, the height of the cone is equal to 3y.
Hope this helps, and have a wonderful day! :D
Please mark me brainliest! I don't have trouble getting points, but I do when it comes to brainliest.
Answer:
- 10 - (-20 + 5)
Step-by-step explanation:
- 10 - (-20 + 5)
- 10 - (-15) = -10 + 15
-10 + 15 = 5
have a nice day and mark me brainliest! :)
1km=1000metres
15km=15000 metres
15000/600=25
25-1=24 (minus the last one)
hope this helps :)
