We have been given that in an account an amount of 7,650 is invested at 9.15 percent compounded quarterly for 8 years and 6 months.
We will use compound interest formula to find our answer.
,
Where, P= principle amount, A= amount after T years, n= period of compounding and r = interest rate (decimal).
Let us substitute our given values in our formula.
Therefore, after 8 years and 6 months our amount will be 16505.497.
Answer:
No I don't agree with their solution; both their answers are wrong.
Correct answer is 
.
Step-by-step explanation:
Given:
Now given:
According to Mai 
and According to Tyler 
Now we need to find which of them is correct.
So we will solve the given equation we get;
Subtracting both side by 1 we get;
Now Multiplying both side 
we get;
Hence both of them are incorrect, correct answer is .
Your first answer is correct but I’m not sure if your second is. But I’m leaning towards it is not correct.
Hope this helps!
(Don’t forget to mark branliest if it is correct :) )
We have to find how can someone convert the temperature from degrees Farhenheit to degrees Celsius using the function. The temperature in degrees Celsius is equal to the temperature in degrees Farhenheit minus 32 times 5/9. Or C ( F ) = ( F - 32 ) * 5/9. For example: the temperature is F = 50°; C ( 50 ) = ( 50 - 32 ) * 5/9 = 18 * 5/ 9 = 10 °C. Answer: The function is: C ( F ) = ( F - 32 ) * 5/9.
Hope this helped.
Answer:
The price: 16.5
The total payment: 18.82
=> The amount of tax: 18.82-16.5 = 2.32
=> Tax rate = The amount of tax / The price = 2.32/16.5 = 0.14 = 14%
