The answer to this is 244
60000(0.081)10+60000=$108600
60000(.1)+60000(.0665)(10)+60000=$105900
Answer:
the answer is C hope this helps you
Answer:
$12
Step-by-step explanation:
when d = 0, F = 110
when d = 100, F = 110 + (0.12 x 100) = 122
when d = 200, F = 110 + (0.12 x 200) = 134
etc.
Therefore, increase in price for every 100 meters climbed = 134 - 122 = 122 - 110 = 12
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
