Answer:
$56,558.1
Step-by-step explanation:
This is a question on compound interest.
The formula to calculate the Total Amount based on compound interest is given as:
A = P( 1 + r/n) ^nt
A = Total or Final amount in the account after t years
P = Principal/ Initial amount invested=$35,000
r = Interest rate = 12%
n = compounding Frequency = daily = using 30 days in a month = 30 × 12 = 360 days
t = time in years = 4
A = $35,000( 1 + 0.12/360)^360 × 4
A = $56558.08
Approximately to the nearest cent ≈ A = $56,558.1
Therefore, Priscilla should be expecting $56,558.1 in the account after 4 years.
Answer:
0.111
Step-by-step explanation:
1/9 as a decimal is 0.11111111 but rounded to 2 decimal places is 0.111.
Hope this helps :)
Have a good day / night
Answer:
i simplified it but its not simple i dont know the answer so i cant help you
Craig needs 7.5g of butter. Simon uses 125ml of milk
Q)You are going to movies Friday night. which of the theaters will cost the least, if you intend to have soda and popcorn?
Theater A Theater B Theater C
Adults $6.25 $7.25 $5.25
Children $3.50 $3.75 $4.25
Soda $2.00 $2.00 $2.50
Popcorn $2.50 $2.00 $2.50
Answer:
Theater B will cost less.
Step-by-step explanation:
The question here does not tell how many adults and children are going so we will only calculate the price for soda and popcorn for the theaters above.
For Theater A:-
$2.00 + $2.50 = $4.5
For Theater B:-
$2.00 + $2.00 = $4
For Theater C:-
$2.50 + $2.50 = $5
Hence Theater B will cost less.