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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Answer: No solution
Step-by-step explanation:
Perimeter= 2(length) + 2(width)
If they have the same perimeter than we can write their values as an equation like this:
2(10) + 2x = 2(6) + 2(x + 3)
20 + 2x = 12 + 2(x+3)
DISTRIBUTE THE 2 TO THE X AND THE 3
20 + 2x = 12 + 2x + 6
COMBINE LIKE TERMS
20 + 2x = 18 + 2x
SUBTRACT 2X FROM BOTH SIDES
20 = 18
<u>THE EQUATION HAS NO SOLUTION, AND YOU ARE CORRECT</u>
I think the correct answer among the choices presented above is option B. Average is the sum of all the data divided the number of data added. From the statement, we have 3 prices to be added and divided by 3. Therefore, the average is calculated as
<span>($32 + $45 + $39) ÷ 3</span>
Answer:
2400 and 3600
Step-by-step explanation:
Radio 1 cost = x
Radio 2 cost= 6000- x
- x*1.2+(6000-x)*0.9= 6000*1.02
- 1.2x-0.9x+5400=6120
- 0.3x= 6120-5400
- 0.3x= 720
- x=720/0.3
- x= 2400
- 6000- x= 3600