Yes, it is random because it isn't convenient for him.
Answer:
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Step-by-step explanation:
In arithmetic sequence: a₂ - a₁ = a₃ - a₂ {common difference}
A = $ 861.69
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 5.5%/100 = 0.055 per year,
putting time into years for simplicity,
1 quarters ÷ 4 quarters/year = 0.25 years,
then, solving our equation
A = 850(1 + (0.055 × 0.25)) = 861.6875
A = $ 861.69
The total amount accrued, principal plus interest,
from simple interest on a principal of $ 850.00
at a rate of 5.5% per year
for 0.25 years (1 quarters) is $ 861.69.
3/10 times 2/3 3 times 2 is 5 and 10 times 3 is 30 5/30 a
