First, convert R percent to r a decimal
r = R/100
r = 7%/100
r = 0.07 per year,
Then, solve our equation for A
A = P(1 + r/n)nt
A = 200.00(1 + 0.005833333/12)(12)(5)
A = $ 283.53
Summary:
The total amount accrued, principal plus interest,
from compound interest on an original principal of
$ 200.00 at a rate of 7% per year
compounded 12 times per year
over 5 years is $ 283.53.
Answer:
Step-by-step explanation:
P-6 is an expression, your question is incomplete.
Answer:
a right angle
Step-by-step explanation:
Answer:
Allison worked 6 hours lifeguarding and 3 hours washing cars.
Step-by-step explanation:
Let
Number of hours Allison worked lifeguarding last week = x
Number of hours Allison worked washing cars last week = y
1. Last week Allison worked 3 more hours lifeguarding than hours washing cars hours, then

<u>Lifeguarding:</u>
$12 per hour
$12x in x hours.
<u>Washing cars:</u>
$8 pere hour
$8y in y hours.
2. Allison earned a total of $96, hence

You get the system of two equations:

Plot the graphs of these two equations (see attached diagram). These line intersect at point (6,3), so Allison worked 6 hours lifeguarding and 3 hours washing cars.