The Compound Interest of 10400 at 12.7% for 4 years is 6378.
The principal amount is given as 10400.
The rate of interest is given as 12.7%.
The time period to be calculated is given as 4 years.
The compound interest for the given above is to be calculated.
<h3>What is
compound interest?</h3>
Compound interest is the interest that we earn both on the principal amount and the interest we earn.
The formula used to calculate compound interest is:
![P [ (1 + \frac{R}{100} )^n - 1 ]](https://tex.z-dn.net/?f=P%20%5B%20%281%20%2B%20%5Cfrac%7BR%7D%7B100%7D%20%29%5En%20-%201%20%5D)
Where P = principal amount, R = rate of interest, and n = number of years.
We have,
P = 10400
R = 12.7%
n = 4 years
Compound interest:
![P [ (1 + \frac{R}{100} )^n - 1 ]\\\\10400 [ (1 + \frac{12.7}{100} )^4 - 1 ]](https://tex.z-dn.net/?f=P%20%5B%20%281%20%2B%20%5Cfrac%7BR%7D%7B100%7D%20%29%5En%20-%201%20%5D%5C%5C%5C%5C10400%20%5B%20%281%20%2B%20%5Cfrac%7B12.7%7D%7B100%7D%20%29%5E4%20-%201%20%5D)
Now,
10400 [ ( 1 + 0.12.7 )^2 - 1 ]
10400 [ 1.127^4 - 1 ]
10400 [ 1.61322 - 1 ]
10400 x 0.6132
6377.56
Rounding to the nearest whole number.
We have,
Compound Interest = 6378.
Thus the Compound Interest of 10400 at 12.7% for 4 years is 6378.
Learn more about Compound Interest here:
brainly.com/question/13155407
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I’m not entirely sure if i got this right but i think the answer is $603 dollars in total for the baker
Answer:
145
Step-by-step explanation:
x = 2 , y= 5
Putting the values of x and y in the expression
=3(2) (5)^2-5
=3(2)(25)-5
=150 -5
=145
Answer:
See below
Step-by-step explanation:

Suppose you flip a coin and roll a die at the same time. These are compound events. These events are independent. Independent events occur when the outcome of one event does not affect the outcome of the second event. Rolling a four has no effect on tossing a head.