Given: Principal Amount (P) = $300
The rate of interest (r) = (3/4) compounded quarterly.
No. quarters in 3 years (n) = 3×4 = 12
To find: The amount for the CD on maturity. Let it will be (A)
Formula: Compound Amount (A) = P [ 1 + (r ÷100)]ⁿ
Now, (A) = P [ 1 + (r ÷100)]ⁿ
or, = $300 [ 1 + (3 ÷400)]¹²
or, = $300 × [ 403 ÷ 400]¹²
or, = $300 × 1.0938069
or, = $ 328.14
Hence, the correct option will be C. $328.14
Answer:
15
Step-by-step explanation:
there are 15 sixteenths in 15/16, how you figure this out is the numerator tells you how many are in the fraction, in this case the numerator says 15, so there are 15, sixteenths in, 15/16
<h3>
Answer:</h3>
<u>If a rectangle and a triangle have the same area</u>.
Then,
- <u>L × B = 1/2 × B × H</u>
- 10 × 3 = 1/2 × 6 × H
- 30 = 3 × H
- 30/3 = H
- 10 = H
<u>Hence, the height of triangle is 10cm</u>.
One is A
two is 7
three is t = 5W
Answer:
480
Step-by-step explanation:
On Thursday there were 400 customers
1/5 of 400 =80
Increase Thursday's amount by 80
400+80 = 480
Friday has 480