Answer:
In 4 years, you will have $2,635.38
Step-by-step explanation:
The formula for annual compound interest, including principal sum, is:
A = P (1 + r/n) ^ (nt)
Where:
A = the future value of the investment/loan, including interest
P = the principal investment amount (the initial deposit or loan amount)
r = the annual interest rate (decimal)
n = the number of times that interest is compounded per year
t = the number of years the money is invested or borrowed for
Note that this formula gives you the future value of an investment or loan, which is compound interest plus the principal. Should you wish to calculate the compound interest only, you need this:
Total compounded interest = P (1 + r/n) ^ (nt) - P
<span>Compound
interest formula</span>

Where
<span>
A= Future value
P =
the Principal (the initial amount of money)
r = annual interest rate</span>
t = time
<span>n=
number of times compounded in one t
Remark
----------------------------------------------------------------------------------
r is generally a percentage like 3%, 7% etc and
are applied in the formula as 0.03, 0.07...,
the interest is compounded generally annually (
n=1), quarterly (
n=4),
monthly (
n=12), etc...
t is in years,
In our problem:
</span>
A= 30 000
P =20 000
r = 15%=0.15
time = t = ?
n= 4
applying the formula:



75% of 12 months is 3/4 of 12 months, which is 9 months
Answer: 2 years, 9 months
3/4…
To simplify a fraction, you have to find a similar factor between the numerator and denominator. In this case, it would be 4.
You would divide both numbers by this common factor and create a new fraction.
So… 9/3=3, and 12/3=4. When combined, the answer becomes 3/4.
Answer:
see explanation
Step-by-step explanation:
Given the 2 equations
x + y = 1 → (1)
ax - by = c → (2)
In (1) subtract y from both sides
x = 1 - y → (3)
Substitute x = 1 - y into (2)
a(1 - y) - by = c ← distribute left side
a - ay - by = c ( subtract a from both sides )
- ay - by = c - a ( multiply through by - 1 )
ay + by = a - c ← factor out y from each term on the left side
y(a + b) = a - c ← divide both sides by (a + b)
y =
← substitute into (3)
x = 1 -
=
-
=
= 
The angle of rotation is the minimum angle in which you rotate a regular polygon such that the figure appears unchanged. The formula for that is dividing one angle of revolution by its number of sides.
Angle of Rotation = 360°/n
Angle of Rotation = 360°/72 = 5°