Answer:$6451.6 should be deposited.
Step-by-step explanation:
The principal was compounded monthly. This means that it was compounded 12 times in a year. So
n = 12
The rate at which the principal was compounded is 7.2%. So
r = 7.2/100 = 0.072
It was compounded for 3 years. So
t = 3
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. A is given as $8000 Therefore,
8000 = P (1+0.072/12)^12×3
8000 = P(1+0.006)^36
8000 = P(1.006)^36
P = 8000/1.24
P = $6451.6
Answer:
Step-by-step explanation:
Natral whole rational irrational
Yes.
the properties of an isosceles trapezoid are:
- the bases are parallel
- opposite sides are congruent
- the angles on either side of the bases are congruent
- the diagonals are congruent
Answer:
7
Step-by-step explanation:
Answer:
The area of the room is 125 square feet because 12.5 times 10=125 square feet. As a result, you will spend $187.5 for it cost $1.5 to buy one square foot of carpet, and now we need 125 square feet to cover the room which 125 times 1.5 to get 187.5. Hope it help!
Step-by-step explanation:
