The formula is
A=p (1+r/k)^kt
A future value 3000
P present value 150
R interest rate 0.025
T time?
3000=150 (1+0.025/12)^12t
Solve for t
3000/150=(1+0.025/12)^12t
Take the log
Log (3000/150)=log (1+0.025/12)×12t
12t=Log (3000/150)÷log (1+0.025/12)
T=(log(3,000÷150)÷log(1+0.025÷12))÷12
T=119.95 years
Answer:
A ≈ $500
General Formulas and Concepts:
<u>Pre-Alg</u>
- Order of Operations: BPEMDAS
<u>Algebra I</u>
Compounded Interest Rate: A = P(1 + r/n)ⁿˣ
- A is final amount
- P is initial (principle) amount
- r is rate
- n is number of compounds
- x is number of years
Step-by-step explanation:
<u>Step 1: Define</u>
P = 230
r = 0.063
n = 365
x = 12
<u>Step 2: Solve for </u><em><u>A</u></em>
- Substitute: A = 230(1 + 0.063/365)³⁶⁵⁽¹²⁾
- Divide: A = 230(1 + 0.000173)³⁶⁵⁽¹²⁾
- Multiply: A = 230(1 + 0.000173)⁴³⁸⁰
- Add: A = 230(1.00017)⁴³⁸⁰
- Exponents: A = 230(2.1296)
- Multiply: A = 489.808
Area of a parallelogram = bh
First, find b (base):
b = 12
Then find h (height):
h = 10
Multiply:
120
The answer is D) 120 units^2
Answer:
h = 48
because 32 + 3h + 4 = 180
32 + 4 = 36
36 + 3h - 36 = 180 - 36
3h = 144
3h/3 = 144/3
h = 48
A percentage is equivalent to a fraction, a percentage is out of 100 therefore the fraction for this can be 28/100, as a decimal this would be .28. Therefore to solve this problem you would set up the problem as, 942 x .28= 263.76, you then take that number and subtract it from the original price of the tv, and you get the final price, of $678.24.