Ni is not correct. To solve
the equivalent quarterly interest rate, the annual interest rate should be multiplied
by the correct ratio. Since the annual interest rate is 4% per year. So in 1 quarter
is equal to 0.25 year.
<span>(4% / year) (0.25 year/ 1
quarter) = 1% per quarter</span>
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if x =4 and y =-3
F =
Answer:
w<-6
Step-by-step explanation:
11w+99<33
-99
11w<-66/11
Answer:
B. 10 ft. x 13 ft.
Step-by-step explanation:
10 x 13 = 130
Answer:
$
Step-by-step explanation:
You want to calculate the interest on $40000 at 5.7% interest per year after 17 years.
The formula we'll use for this is the simple interest formula, or:

Where:
- P is principal amount, $40,000
- r is the interest rate, 5.7% per year, or in decimal form,

- t is the time involved, 17 years
To find the simple interest we multiply
to get
The interest rate is $38,760
Usually now, the interest is added onto the principal to figure some new amount after 17 years.
or 40000.00 + 38760.00 = 78760.00
=$78,760