Answer:
Step-by-step explanation:
Principal, P = $4,000
Interest rate, r = 3% = 0.03
Period, t = 20 years
Number of times compounded in a year = 4
Amount , A = P( 1 + r/n)^tn
A = 4000( 1 + 0.03/4)^4*20
A = 4000( 1 + 0.0075) ^80
A =4000( 1.0075) ^80
A = 4000* 1.818
A = $7272.18
-5, 5 there u go cuhhhhhhhhh
Answer:
A.) 15
B.) 1 year
C.) $50
D.) 1.5%
Step-by-step explanation:
The percentage equation goes thus:
Interest earned = principal * rate * time
A)
Principal: $100 Interest rate: 5% Time in years: 3 Interest earned
Interest earned = $100 * 0.05 * 3
Interest earned = $15
B.)
Principa;" $500 Interest rate: 4% Time in years: interest earned: $20
Interest earned = principal * rate * time
20 = 500 * 0.04 * time
20 = 20 * time
Time = 20 / 20 = 1
Time = 1 year
C.)
Principal: Interest rate:10% Time in years: 7 Interest earned:$35
Interest earned = principal * rate * time
$35 = principal * 0.1 * 7
$35 = principal * 0.7
Principal = $35 / 0.7
Principal = $50
D.)
Principal: $200 Interest rate: Time in years:2 Interest earned: $6
Interest earned = principal * rate * time
$6 = $200 * rate * 2
$6 = $400 * rate
Rate = $6/$400
Rate = 0.015 = 1.5%
Answer:
Y = 27.
Step-by-step explanation:
40 - 13 = 27. If we check our math 13 +27 does equal 40 making the equation correct.
