Answer:
The eight represents a tenth/ten
Step-by-step explanation:
The 2 represents a two hundred, the 8 a eight tenth/eighty and the 1 a one
To calculate amount accrued after a given period of time we use the compound interest formula: A= P(1+r/100)∧n where A i the amount, P is the principal amount, r is the rate of interest and n is the interest period.
In the first part; A= $ 675.54, r= 1.25% (compounded semi-annually) and n =22 ( 11 years ), hence, 675.54 = P( 1.0125)∧22
= 675.54= 1.314P
P= $ 514.109 , therefore the principal amount was $ 514 (to nearest dollar)
Part 2
principal amount (p)= $ 541, rate (r) = 1.2 % (compounded twice a year thus rate for one half will be 2.4/2) and the interest period (n)= 34 (17 years×2)
Amount= 541 (1.012)∧34
= 541 ×1.5
= $ 811.5
Therefore, the account balance after $ 811.5.
Answer:
44%
Step-by-step explanation:
you add up all the numbers to get the total then divied the single number (eg. 8) by the total. It will then show up as a decimal so in order to get rid of the decimal you multiply by 100. ( eg. 8 ÷50=0.16 → 0.16×100= 16 → 16% )
Answer:
<h2>✒️Answer:</h2>
<u>Two conditions must be satisfied. First, the revenue must be earned, which typically means that the customer has received the good or service. Second, the revenue must have been realized or realizable, implying that the customer has paid or is expected to pay for the merchandise.</u>
Step-by-step explanation:
<h2>#CarryOnLearning</h2>
