Answer:
a. $10,943.30
b. $1,267.35
Step-by-step explanation:
P = $9,675.95
r = 6.25% = 0.0625
t = Compounded Semiannually = 2
a. Amount after 2 Years
n = 2
A = P [1 + (r / n)]^nt
A = $9,675.95 [1 + (0.0625 / 2)]² ˣ ²
A = $9,675.95 [1 + 0.03125]⁴
A = $9,675.95 [1.03125]⁴
A = $9,675.95 x 1.130982
A = $10,943.30
b. Compound Interest
Compound Interest = Final Amount - Principal Amount
Compound Interest = $10,943.30 - $9,675.95
Compound Interest = $1,267.35
Answer: a cube
(you could have looked this up on google that's what I did)
They are making me write an answer with at least 20 characters sorry
Answer:
2.5 grams I think or 0.25
Step-by-step explanation:
<span>Two teams are playing basketball. Team 1 scored 3.5 times the number of points per basket. Team 2 scored 8 times the number of points per basket. They would've each scored the same amount of points if Team 1 had scored 54 more points.
Solve:
54+3.5x=8x :Write out the equation
-3.5x -3.5x :Subtract 3.5x from both sides to isolate the variable
54=4.5x :Simplify
/4.5 /4.5 :Divide by 4.5 on both sides
12=x :Answer=12
Next you would find each team's score:
8x= 8(12)= 96 :substitute and solve
Each team score is 96 points
(Note: Since each team score was equal, you don't have to solve for each team, just one and preferably the easier one, and that is the score that each team scored.) </span>
Hello!
Judging on the question you have provided I have generated this equation to represent the situation 400(1.03^x) X being years.
To solve this equation you need to plug in 16 for X amount of years.
The new equation should look something like this 400(1.03^16)
Lastly solve!
The answer you get should be $641.88
Hope this helped!
-Blake
