-2,2 is the answer hoped it helped :)
First, convert R percent to r a decimal
r = R/100
r = 7%/100
r = 0.07 per year,
Then, solve our equation for A
A = P(1 + r/n)nt
A = 200.00(1 + 0.005833333/12)(12)(5)
A = $ 283.53
Summary:
The total amount accrued, principal plus interest,
from compound interest on an original principal of
$ 200.00 at a rate of 7% per year
compounded 12 times per year
over 5 years is $ 283.53.
Answer:
See the detailed answers below
Step-by-step explanation:
Given data
Ratio= 1:4:7
combined ratio= 1+4+7= 12
Total amount= $636,000
Apply the part to all method
The first person will take
1/12= x/ 636,000
cross multiply
12x= 636,000*1
x= 636,000/12
x= 53000
The second person will take
4/12= x/ 636,000
cross multiply
12x= 636,000*4
x= 2544000/12
x= 212000
The third person will take
7/12= x/ 636,000
cross multiply
12x= 636,000*7
x= 4452000/12
x= 371000
the answer for x is 76.4. the way to find it is by dividing 458.4 by 6 to find x s value.
