To find the interest accrued for the month, you will use the interest formula I = prt. P stands for the principal (the amount of money borrowed), r is the interest rate, and t is the time period. Because the interest rate is an annual (yearly) interest rate, you will use the fraction 1/12 in your calculation. The math would be $500 x 0.2899 x 1/12. This equals an interest charge of $12.08.
Answer:
$26532.98
Step-by-step explanation:
<u>Given:</u>
- Principal = $10000
- Profit rate = 5% PA compounded
- Time = 20 years
- Compounds = 20*1 = 20
<u>Sum is:</u>
- 10000*(1 + 5/100)²⁰ ≈ 26532.98
Answer:
48
Step-by-step explanation: 1 foot is 12 inches. Since the feet are going up by ones, you can say 1=12, 2=24 (+12), 3=36(+12), 4=48(+12)
Hope this helps
1. -2
2. 5
3.-15
4.-5
5. 5
6.-9
7. 2
8. -9
9.9
10.-3
Answer:
It should be 25.
Step-by-step explanation:
If you divide 750 by 150 you get 5, then you multiply 5 by 5 and get 25.
