HELP ASAP! it's for a math quiz so thanks
1 answer:
You might be interested in
Answer:
c =
Step-by-step explanation:
Given
R=
Clear the radical by squaring both sides
R² = b² - 4ac ( subtract b² from both sides )
R² - b² = - 4ac ( multiply all terms by - 1 )
b² - R² = 4ac ( divide both sides by 4a )
= c
Answer:
Please check the explanation.
Step-by-step explanation:
a) How much will you have at the middle of the first year?
Principle P = $300
Annual rate r = 6% = 0.06 per year
Compound n = Semi-Annually = 2
Time (t in years) = 0.5 years
Total amount = A = ?
Using the formula
substituting the values
$
Therefore, the total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 0.5 years is $ 309.00.
Part b) How much at the end of one year?
Principle P = $300
Annual rate r = 6% = 0.06 per year
Compound n = Semi-Annually = 2
Time (t in years) = 1 years
Total amount = A = ?
Using the formula
so substituting the values
$
Therefore, the total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 1 year is $ 318.27.