Answer:
12
Step-by-step explanation:
Since this is simple interest the equation will be P*T*R=I T=time which is 1 year. P=money invested or borrowed (aka princable) which is 400$. R=Annual rate is 3% per year and I= Interest after the number of years (aka answer) Hope this helps :)
Step-by-step explanation:
I got this much.....
I am sorry of it gets wrong
Answer:
Step-by-step explanation:
<u>Given</u>
- Each deposit = $1500
- Interest rate= 5%
- Time = 4 years
- Compound number = annual
<u>Simple interest account</u>
- B = 1500*(1 + 4*0.05) = 1500*1.2 = $1800
<u>Compound interest account</u>
- B = 1500*(1 + 0.05)^4 = $1823.26
<u>Total balance</u>
- $1800 + $1823.26 = $3623.26
Answer:
A. $130.50
B. 150%
C. 50%
Step-by-step explanation:
First, find 50% of 87 and add it to find the new price.
87 x 0.5 = 43.5
87 + 43.5 = 130.5
Then, find the percent by doing 130.5 ÷ 87, which is 150%
Calculate the percent increase by doing (130.5-87) ÷ 87, which is 50%
Answer: 5.450 x 10^-4 x 3.550 x 10^-7
19.3475 x 10^-11
1.935 x 10^10
