City A had a population of 175,000 residents in 2018. The population is increasing at a rate of 10% per year. City B has a popul
1 answer:
You might be interested in
Answer:
$ 154
Step-by-step explanation
Let the value of suitcase=x
x × 4.5% = 6.93 (converted the question into equation)
x × = 6.93 (converted the percentage into fraction)
x = 6.93 x (took reciprocal of 4.5/100 after moving it to the other side of the equation)
x = (multiplied the values)
x = 154 $ (simplified the fraction)
make it the brainliest and get 20 years of luck : )
Answer:
Interest earned = $32.835
Step-by-step explanation:
Given the following data;
Principal = $275
Number of times = 0.5
Interest rate = 2.9% = 0.029
Time = 4 years
To find the interest earned, we would use the compound interest formula;
Where;
A is the future value.
P is the principal or starting amount.
r is annual interest rate.
n is the number of times the interest is compounded in a year.
t is the number of years for the compound interest.
Substituting into the equation, we have;
A = $307.835
Interest earned = 307.835 - 275
Interest earned = $32.835