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= $ 32,275.00
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 4.85%/100 = 0.0485 per year,
putting time into years for simplicity,
24 quarters ÷ 4 quarters/year = 6 years,
then, solving our equation
A = 25000(1 + (0.0485 × 6)) = 32275
A = $ 32,275.00
The total amount accrued, principal plus interest,
from simple interest on a principal of $ 25,000.00
at a rate of 4.85% per year
for 6 years (24 quarters) is $ 32,275.00.
Answer: 1: lease the car, 2: 4,643.46 3: 12,160.26
Step-by-step explanation:
Answer:
350km
Step-by-step explanation:
If a map has a scale of 1: 500000, then 1 cm on the map is 500000 cm
So 7 cm on the map is 35000000 cm = 350 km
To solve this problem we can make a proportion.
6 5
-- = ---
10 x
to solve this proportion we can cross multiply and divide.
5 times 10 is 50. divided by 6 is 8.3
it will take her 8.3 minutes to run 5 laps