The Compound Interest of 10400 at 12.7% for 4 years is 6378.
The principal amount is given as 10400.
The rate of interest is given as 12.7%.
The time period to be calculated is given as 4 years.
The compound interest for the given above is to be calculated.
<h3>What is
compound interest?</h3>
Compound interest is the interest that we earn both on the principal amount and the interest we earn.
The formula used to calculate compound interest is:
Where P = principal amount, R = rate of interest, and n = number of years.
We have,
P = 10400
R = 12.7%
n = 4 years
Compound interest:
Now,
10400 [ ( 1 + 0.12.7 )^2 - 1 ]
10400 [ 1.127^4 - 1 ]
10400 [ 1.61322 - 1 ]
10400 x 0.6132
6377.56
Rounding to the nearest whole number.
We have,
Compound Interest = 6378.
Thus the Compound Interest of 10400 at 12.7% for 4 years is 6378.
Learn more about Compound Interest here:
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This 3 numbers are: 7 2 2
Because 7 - 2 = 5
5 is the range.
The range is the difference between two numbers.
The Mode is the most repeated number, and here 2 is mode.
Hope this Helps! :)
Which variable would you like to solve for?
Let's try solving for y since you have two of them.
ky - bf = fy/m
kym - bfm = fy --> [ multiply by m ]
kym - fy = bfm --> [ subtract fy on both sides ]
y(km-f) = bfm ---> [ factor out a y ]
y = bfm/(km-f) ---> [ divide by km-f on both sides ]
Hi there!
When we want to find equivalent fractions, we try to get fractions to have the same denominator so we have easier numbers to work with first.
I'll work first to simplify the amount she did the first time: 18/24, 9/12, 3/4. So equivalent fractions will be fractions that equal 3/4, or .75.
This means that if she makes 75% of the shots like she did yesterday, how many will she make if she attempts 36 in total?
We can find 75% of 36 by multiplying the decimal .75 by the total 36 = 27.
27/36 is the equivalent fraction!
Hope this helps. :)