Answer:
have a good one
Step-by-step explanation:
I think it’s .01% because 1225/120000=.010208
Answer:
$7,012.76
Step-by-step explanation:
First, convert R as a percent to r as a decimal
r = R/100
r = 7/100
r = 0.07 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 5,000.00(1 + 0.07/1)(1)(5)
A = 5,000.00(1 + 0.07)(5)
A = $7,012.76
Summary:
The total amount accrued, principal plus interest, with compound interest on a principal of $5,000.00 at a rate of 7% per year compounded 1 times per year over 5 years is $7,012.76.
1: 14 ft
2: 18
3: 11; 28
4: 8; 96
5: a = 5x3
6: a = 8x8
7: 1x42, 2x21, 3x14, and 6x7. 6x7 probably makes the most sense.
