Answer: $187 will be in the account after 6 years.
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $100
r = 11% = 11/100 = 0.11
n = 1 because it was compounded once in a year.
t = 6 years
Therefore,.
A = 100(1 + 0.11/1)^1 × 6
A = 100(1 + 0.11)^6
A = 100(1.11)^6
A = $187
Answer:30
Step-by-step explanation: its 30 because you divide 127 1/2 or 127.5 by 4.25 or 4 1/4.
Answer:
4.12
Step-by-step explanation:
Step 1: Create Equation: 12+15+x=55
Step 2: Solve it: you will get x=28
Step 3: You could check it by plugging your answer in.
Hope that helps!!!
