Compound Interest Formula: A = P(1 + r/n)^(n·t)
A = final amount r = rate, as a decimal (.021) t = number of years (17)
P = initial amount (2914.72) n = number of times compounded per year (365)
A = 2914.72(1 + .021/365)^(365·17) = $4165.20
Interest earned: $4165.20 - $2914.72 = $1250.48 <----- Answer
You might want to recalculate this, attempting to handle leap years, by replacing the number of times compounded per year with 365.25 and see if that has an effect
The difference (or error) is 240 - 200 = 40
So what percent of 240 is 40?
x% of 240 is 40
x% × 240 = 40
240x = 40
x = 40/240
x = .1666
multiply by 100 to convert to a percentage.
.1666 × 100 = 16.66%
Rounded to the nearest 10th
= 16.7%
Answer:
1254.4
Step-by-step explanation:
<h3>
Answer: x^2 + 6</h3>
Work Shown:
(f o g)(x) = f(g(x))
f(x) = x + 7
f( g(x) ) = g(x) + 7 ... replace every x with g(x)
f( g(x) ) = x^2-1 + 7 .... plug in g(x) = x^2-1
f( g(x) ) = x^2 + 6
(f o g)(x) = x^2 + 6