Answer:
true
Step-by-step explanation:
Answer:
$<em>150,858.5</em>
Step-by-step explanation:
The formula for calculating compound interest is expressed as;
A = P(1+r/n)^nt
P is the Principal = $124000.00
r is the rate = 12% = 0.12
t is the total time = 2 years
n is the time of compounding = 1/4 = 0.25(quarterly)
Substitute into the formula;
A= 124000(1+0.12/(0.25))^(0.25)(2)
A = 124000(1+0.48)^0.5
A = 124000(1.48)^0.5
A = 124000(1.2166)
A = 150,858.5
<em>The amount after 2 years if compounded quarterly is 150,858.5</em>
Let the numbers be x and y
y=5x
y-x=236
5x-x=236
4x=236
x=59
5=5*59=295
Answer:
504 miles
Step-by-step explanation:
Make a proportion
= 
7/12 is 0.5833, so multiply 864 by that to find the number of miles
864(0.5833) = 504
Answer: 16
Step-by-step explanation: looked it up on Google
