Answer:
8,229,437 cents
Step-by-step explanation:
Using the compound interest formula;
A = P(1+r)^n
Given
Principal invested = $37700
rate r = 5% = 0.05
Time t = 16years
Substitute into the formula
A = 37700(1+0.05)^16
A = 37700(1.05)^16
A = 37700(2.1829)
A = 82,294.37
Hence the amount of money, to the nearest cent, in the account after 16 years is 8,229,437 cents
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Answer:
Fraction of bread used in the recipe is 3/12 which can be further simplified into 1/4
Explanation:
The original loaf of bread is 100% complete (no fraction is taken from it yet). This means that the value of the original loaf is 12/12
Now, assume that the fraction used in the recipe is x
We know that:
2/12 of the loaf was used in making a sandwich
7/12 of the oaf was put in the refrigerator
Therefore:
complete loaf = fraction used in making a sandwich + fraction used in making recipe + fraction put in refrigerator
12/12 = x + 2/12 + 7/12
12/12 = x + 9/12
x = 12/12 - 9/12
x = 3/12
Hope this helps :)
Answer:
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Step-by-step explanation:
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