There are no given figures. I'll just show what the difference is. Let us assume the following
Principal = 10,000
interest rate = 12%
term = 4 years
Simple Interest = Principal * interest rate * term
S.I = 10,000 * 12% * 4 years
S.I = 4,800
Total value at the end of 4 yrs = 10,000 + 4,800 = 14,800
Compounded Interest. Compounded quarterly.
A = P(1 + r/n)^n*t
A = 10,000 (1 + 12%/4)^4*4
A = 10,000 (1.03)^16
A = 10,000 (1.60)
A = 16,000 value after 4 years.
The answer is this hopefully this helped the only thing you need to do is just put the steps so just do - 12÷3 or you can ask somebody to help you to divide.
Answer: $3,484 <em>(I hope this is the correct way to do it)</em>
Step-by-step explanation:
The formula is:
- SI = simple interest
- P = principal amount = $13,400
- R = interest rate (in percentage) = % = 6.5%
- T = time duration (in years) = 4 years
<em>If you want to find the total amount, add the principle amount and the interest.</em>
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First, we need the volume of the room. We get this by multiplying the length, width, and height. This gives us 18,000 ft^3. Now, we see how many BTUs were created. We do this by multiplying 2,200 by 20. This gives us 44,000. Now, we divide 44,000 by 18,000 to get our answer, which is 2.44 BTUs/ft^3, or C.