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:
Both ratios reduce to the same ratio 3/50, so the restocking fee is proportional.
Step-by-step explanation:
For the $200, the restocking fee is $12, so the ratio of the restocking fee to the price of the item is 12/200.
For the $150, the restocking fee is $9, so the ratio of the restocking fee to the price of the item is 9/150.
Now we find out if the ratios 12/200 and 9/150 are equal.
12/200 = 3/50
9/150 = 3/50
Both ratios reduce to the same ratio 3/50, so the restocking fee is proportional.
Answer:
b6 2hich method
Step-by-step explanation:
I solv3 this
The formula is as follows
V = L*W* H
V = 12.1 cm * 5.3 cm * 4.2 cm
V =269.346 cm^3
rounded to the nearest tenth
V = 269.3 cm^3
Choice D
Answer:
73050
Step-by-step explanation:
20*3652.5
