Answer:
36
Step-by-step explanation:
63/(7/4) 63 divided by 7/4
63* 4/7 63 multiplied by 4/7
=36 answer is 36
9514 1404 393
Answer:
P = 50,000
r = 0.08
i = 0.02
K = 4
n = 20
t = 5
Step-by-step explanation:
In this formula, r is the annual interest rate, 8% or 0.08. K is the number of times the interest is compounded in a year. Since interest is compounded quarterly, K = 4.
r = 0.08
i = r/K = 0.08/4
i = 0.02
t is the number of years interest is compounded, so ...
t = 5
n = Kt = 4·5
n = 20
P is the principal amount invested:
P = 50,000
48
+14
-------
62
If you need more work:
Ones place: 8+4=12
Tens place: 40+10=50
Add up: 50+12=62
