Answer:
$5073.37
Step-by-step explanation:
We can use the simple interest rate (appreciation) formula: A = P(1 + r)^t
Because it gives us 3 months, we need to put it in terms of years. That will give us 1/4 of a year:
A = 5000(1 + 0.06)^0.25
When you plug that into the calc, you should get 5073.37 as your final answer!
Answer:
the answers is nothing because 23 is only divisible by its self
Step-by-step explanation:
Answer:
7 hours
Explanation:
This week Melisa studied for 28 hours. Last week she studied 1/4'th of it.
So to find last week study hours. Divide this weeks study hours by 4.
Last week study hours:
- this week study hours ÷ 4
We want to find 9.5% of $50.
First put 9.5% in decimal form. 9.5% = 0.095.
Then multiply 0.095 by 50. 50 * 0.095 = $4.75 fee
The money Kennedy will recieve is going to be 50 dollars minus the $4.75 fee.
50 - 4.75 = $45.25 with the fee subtracted
