0.65 is 10 times as much as

Mathematics

1 answer:

leonid [27]3 years ago

3 0

0.65 x 10 = 6.5
0.65 is 10 times as much as 6.5

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$\bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$6000\\
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\begin{array}{llll}
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\end{cases}
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-------------------------------\\\\$

$\bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$6000\\
r=rate\to 8.3\%\to \frac{8.3}{100}\to &0.083\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{semiannually, thus two}
\end{array}\to &2\\
t=years\to &4
\end{cases}
\\\\\\
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