Answer:
P=12
Step-by-step explanation:
Since P=36 and q=9, this looks like a ratio of 4:1. So if q=3, multiply that value by 4 to get your answer
Answer:
15000(1.003425)^12t ;
4.11%
4.188%
Step-by-step explanation:
Given that:
Loan amount = principal = $15000
Interest rate, r = 4.11% = 0.0411
n = number of times compounded per period, monthly = 12 (number of months in a year)
Total amount, F owed, after t years in college ;
F(t) = P(1 + r/n)^nt
F(t) = 15000(1 + 0.0411/12)^12t
F(t) = 15000(1.003425)^12t
2.) The annual percentage rate is the interest rate without compounding = 4.11%
3.)
The APY
APY = (1 + APR/n)^n - 1
APY = (1 + 0.0411/12)^12 - 1
APY = (1.003425)^12 - 1
APY = 1.04188 - 1
APY = 0.04188
APY = 0.04188 * 100% = 4.188%
Answer:
Hope this helps!!!!!!
Mark Brainlest!!!!!!!!!!
Step-by-step explanation:
Mark and Henry win some money and share it in the ratio 1:3. Mark gets £9. How much did Henry get?
Ratio = 1 : 3
Let Mark's share be 1x = x
and Henry's share be 3x
We know that Mark gets £9
So,
1x = x = £9
Then 3x = £(3 * 9) = £27
HENCE,
Mark's share = £9
Henry's share = £27
Total money = Mark's share + Henry's share = £9 + £27 = £36
29 3/4 i am pretty sure !
