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The formula for compound interest is:
A=P(1+r/n)^(nt)
Where A represents the amount of money in the account after t years, P is the principal (investment), n is the number of compoundings per year, and r is the interest rate in decimal form.
P=11,100
r=.031
n=12 (monthly)
t=19
A=11,100(1+.031/12)^(12*19)
A=11,100(1+. 002583)^(228)
A=11,100(1.002583)^(228)
A=11,100(1.80082)
A=$19,989.10
Answer:
6
Step-by-step explanation:
3 / 1 - 1/2 = 3 / 1/2
when dividing by singular fractions (1/3 1/6 1/29 whatever) just multiply by the denominator so 3 ÷ 1/2 = 6
The percentage of trench coats sold increased by 23. 3%. therefore, option D is correct.
<h3>What is the percentage?</h3>
A percentage is a minimum number or ratio that is measured by a fraction of 100.
First, we need to subtract the final from the initial, then divide the difference by the initial, then multiply your answer by 100 to get the percentage
the final is 127, and the initial is 103
127 - 103 = 24
24/103 = 0.233
0.233 x 100
= 23.3%
Thus, The percentage of trench coats sold increased by 23. 3%.
Learn more about percentages;
brainly.com/question/13450942
Answer:
x=20.
Step-by-step explanation:
2x+8=48
48-8
2x=40
40/2
x=20 DVD's