Answer:
Step-by-step explanation:
If $10,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value of the investment after the given number of years. (Round your answers to the nearest cent.)
a)6 years
b)12 years
c)18 years
***
compound interest formula: A=P(1+r/n)^nt, P=initial investment, r=interest rate, n=number of compounding periods per year, A=amt after t-years.
For given problem:
P=10000
r=.02
n=2
t=6, 12, 18
..
A(6)=10000(1+.02/2)^2*6
A(6)=10000(1.01)^12=11,268.25
A(12)=10000(1.01)^24=12,697.35
A(18)=10000(1.01)^36=14,307.69
Please include the diagrams in that question :)
Prism A 4x1x2=8
prism B 8x2x4=64
8/64 is the ratio, simplified would be 1/8
Answer:
6
Step-by-step explanation:
Split the shape into two shapes, one square and one triangle.
Find the area of the square and area of triangle.
area of square = 2 × 2 = 4
The height of the triangle is 4 - 2 = 2 units.
area of triangle = 2 × 2 × 1/2 = 2
Add the areas.
4 + 2 = 6
The area is 6 units².
Answer:
Money Paid in Total = $45
Step-by-step explanation:
Firstly, the term Mark-up refers to the amount added to the cost price to cover the overheads and realize a profit.
A mark-up percentage is a percentage (%) that is used as a basis to determine the mark-up value.
Given
Cost of an Item = 60$
Markup % = 25% on cost
Hence, Mark up in $ = 60$*25%
= 15$
Therefore, Actual cost of an item = Cost of an item - Mark up on Item
= 60$ - 15$
= 45$
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