Answer: Kriz should pay $50,100 at the end of the term.
Step-by-step explanation:
If the interest is compunded quarterly, then the accumulated amount after t years will be:
, where P= principal value , r = rate of interest .
Given: P= 50,000 , r= 5% = 0.05, t= 4 years
Then,
Hence, Kriz should pay $50,100 at the end of the term.
Answer:
D. (0.6, 1.3)
Step-by-step explanation:
The difference between y-values is smallest for x=0.6. The approximate y-value is reasonably chosen as the average of the y-values for that value of x.
(x, y) = (0.6, 1.3) is a reasonable approximation
1,132 people came to watch the balloon festival.
enter the following:
s
a;r
b
c
d
if you got question on how to determine these, just ask :)
The formula for simple interest is:
We are going to convert the percent (12) into a decimal.
Then, we are going to put the months into years.
Let's plug in the values:
The total amount paid for the trip is $180.81Have a nice day! :)
