Answer:
$705.79
Step-by-step explanation:
(see attached for reference)
the formula for compound interest is
A = P [1 + (r/n) ]^(nt)
Where:
P = Principal Amount = $500
r = annual interest rate = 9% = 0.09
t = 4 years
n = 1 (compounded annually)
A = 500 [1 + (0.09/1) ]^(1 x 4)
A = 500 [1 + 0.09 ]^(4)
A = 500 [1.09 ]^(4)
A = $705.79
The APR is the annual percentage rate
therefore the APR is 1.5x12=18%
Answer: 9 gallons
<u>Step-by-step explanation:</u>
Set up the proportion, then multiply to solve for the variable.
9 gallons = x
53.96+0.17x =57.96+0.12x
0.17x-0.12x=57.96-53.96
0.05x=4.00
x=80 mi
Answer: 7.5 cups of sugar.
Step-by-step explanation:
Add all of the above:
2+1.5+0.5+3+1.5= <u>8.5 cups of sugar</u>
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Since Zach only needs 1 cup of sugar, subtract 1 from 8.5.
Therefore, your answer is <u>7.5 cups of sugar.</u>
