Answer:
Fred would have earned $31,022.31 after 16 years.
Step-by-step explanation:
To calculate compound interest, the initial capital must be multiplied by the interest rate applied to the capital, and in turn, this number must be exponential by the number of years that the investment lasts. Thus, in the case, the equation would be the following:
12.993 x (1 + 0.0559) ^ 16
In this way, multiplying the result exponentially by 16 years, the final compound interest would be $ 31,022.31.
Answer:
9.0625%
Step-by-step explanation:
It increased from 320 to 349
This is a percent INCREASE.
320 is the "old" value and 349 is the "new" value.
We find percent increase by the formula:
Where old is 320 and new is 349. Lets substitute and find the increase (percentage):
The percentage increase is 9.0625%
Answer:
hello!
the answer is :
Solve for the first variable in one of the equations, then substitute the result into the other equation.
Point Form:
(1, 5/2)
Equation Form:
x = 1,y=
5/2
<h2 /><h2>
pls branliest! :)</h2>
Answer:
1. 3.
Step-by-step explanation:
The answer to tx2x365 is 730t so when you solve the others you also get 730t
