In the trapezoid, what is the measure of 1?
1 answer:
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The money in the Felix's account will be $6798 when he is 21.
<u>Step-by-step explanation:</u>
It is given that,
- The amount deposited is $2000.
- The account earns 6% compound interest.
- It is compounded annually for 21 years.
<u>To find the money in Felix's account after 21 years :</u>
The formula used here is,
⇒
where A is the amount after 21 years.
- P is the initial amount deposited ⇒ P = 2000
- r is the rate ⇒ r = 0.06
- n is the number of times interest is compounded per year⇒ n = 1
- t is the time period ⇒ t = 21
⇒
⇒
⇒
⇒
Therefore, The money in the Felix's account will be $6798 when he is 21.
Answer:
After using the offer the carpet would cost Ahmed $180.
Step-by-step explanation:
Given:
Cost of the carpet = $240
Discount percent = 25%
We need to find the cost of the carpet after discount.
Solution:
First we will find the Discount cost.
Now we know that;
Discount cost is equal to Discount percent multiplied by Cost of the carpet divided by 100.
framing in equation form we get;
Discount cost =
Now we will find the Cost of the carpet after discount.
Now we know that;
Cost of the carpet after discount is equal to Cost of the carpet minus Discount cost.
framing in equation form we get;
Cost of the carpet after discount =
Hence After using the offer the carpet would cost Ahmed $180.