Answer:
Interest earned = 2713.8
Explanation:
We will solve this problem on two steps:
1- get the final amount after three years
2- get the interest earned by subtracting the initial amount from the final one.
1- getting the final amount after 3 years:
The formula that we will use is as follows:
A = P (1 + r/n)^(nt)
where:
A is the final amount we want to calculate
P is the initial amount = 6300
r is the interest = 0.12
n is the number of compounds per year =12
t is time in years = 3
Substitute to get the final amount:
A = P (1 + r/n)^(nt)
A = 6300 (1 + 0.12/12) ^ (12*3)
A = 9013.8
2- getting the interest earned:
Interest earned = final amount - initial amount
Interest earned = 9013.8 - 6300
Interest earned = 2713.8
Hope this helps :)
Answer:
No they are not intergers
Step-by-step explanation:
Hope this helps
Answer: $15
Step-by-step explanation:
To find the markup price just multiply 30% by the amount.
30% * 50
0.3 * 50 = 15
Your question is store uses the expression –2p + 50 to model the number of backpacks it sells per day, where the price, p, can be anywhere from $9 to $15. Which price gives the store the maximum amount of revenue, and what is the maximum revenue?
The answer is C. $12.50 per backpack gives the maximum revenue; the maximum revenue is $312.50.
Answer:
It is mainly used while doing scientific notation. If two numbers differ by one order of magnitude, one is about ten times larger than the other. If they differ by two orders of magnitude, they differ by a factor of about 100.A quarter is 0.25 dollars so the ratio between 1 dollar and a quarter is 1/0.25(it means the dollar and the quarter which is 0.25 dollars) and that equals =4
