Answer:
Step-by-step explanation:
3x-2y= 100
3x= 10 +2y
x =(10+2y)/
Answer: the account earns interest of $40.16
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 875.83
r = 9% = 9/100 = 0.09
n = 12 because it was compounded 12 times in a year.
t = 6 months = 6/12 = 0.5 year
Therefore,.
A = 875.83(1+0.09/12)^0.5 × 12
A = 875.83(1+0.0075)^6
A = 875.83(1.0075)^6
A = 915.99
The interest that she earns is
915.99 - 875.83 = $40.16
She played 18 games, so subtract 18 from 40 to get your answer
She did NOT play 22 games
Hope I helped!
Answer:
Bond Price= $1,070.24
Step-by-step explanation:
Giving the following information:
Cupon= $80
Number of periods= 10 years
Face value= $1,000
Interest rate= 7%
<u>To calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 80*{[1 - (1.07^-10)] / 0.07} + [1,000 / (1.07^10)]
Bond Price= 561.89 + 508.35
Bond Price= $1,070.24
Answer:
B and can I brainliest
Step-by-step explanation:
