9514 1404 393
Answer:
- interest: $63
- balance: $9063
Step-by-step explanation:
After 6 months, the interest accrued is ...
I = Prt
I = $9000·0.014·(6/12) = $63
This is added to the principal to get the balance at that point in time.
$9000 +63 = $9063
__
The interest earned in the first 6 months is $63. The balance after 6 months is $9063.
_____
The compound interest formula will give you the same result for one compounding period. It tells you the balance is ...
A = P(1 +r/n)^(nt)
where n is the number of times interest is compounded in a year (2), and t is the number of years (1/2). For annual rate r = 1.4%, this is ...
A = $9000(1 +0.007)^(2×1/2) = $9000·1.007 = $9063
Answer:$120
Step-by-step explanation
I had homework over this a day ago
Answer:
Step-by-step explanation:
Samantha needs 4/5 yard of fabric to make costumes for the school play.
Let x represent the number of yards of fabric that she has
Let y represent the total number of costumes that she can make from x yards of fabric.
Since one costume require 4/5 yards of fabric, y costumes will require
x ÷ 4/5 = x×5/4 = 5x/4
The equation will be
y = 5x/4
to find how many costumes she can make with 8 yards of fabric, it becomes
y = (5×8)/4
y = 40/4 = 10
The slope is 16/4 which is 4/1 which can also be 4. So the most simplified is 4
