Amount earned in compound interest = P(1 + r)^n; where P is the principal, r is the rate and n is the number of periods.
Amount = 3,000(1 + 14%)^6 = 3,000(1 + 0.14)^6 = 3,000(1.14)^6 = $6,584.91
Answer:
2.04
Step-by-step explanation:
Equation: 6.05n=12.4=
First find the least common denominator (8), and then subtract. After subtracting you should get 31/8, which as a decimal is 3.875 and as a mixed number is 3 7/8.
12/20=.6
Thus, move the decimal point two places to the right, and the answer is 60%
Answer:
b =21
Step-by-step explanation:
Since this is a right triangle, we can use the Pythagorean theorem
a^2 + b^2 = c^2 where a and b are the legs and c is the hypotenuse
20^2 + b^2 = 29^1
400 + b^2 =841
Subtract 400 from each side
b^2 = 441
Take the square root of each side
sqrt(b^2) = sqrt(441)
b =21
