Answer: A = $1503.6
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 1000
r = 6% = 6/100 = 0.06
n = 1 because it was compounded once in a year.
t = 7 years
Therefore,.
A = 1000(1 + 0.06/1)^1 × 7
A = 1000(1.06)^7
A = $1503.6
Answer:
i think it's 15%
Step-by-step explanation:
You draw a straight line and then put your number on the line. If you have to find a negative number, you can just go below zero. Positive numbers on a number line are always above zero. Hope this helps!
6 (Allison's number of blue) divided by 16 (Allison's total) is equal to x (Sadie's blue) out of 24 (Sadie's total).
So 6/16=3/8=x/24. So x=3*3, so Sadie's amount of blue pencils is 9. The rest of Sadie's pencils are yellow, so Sadie has 24-9=15 yellow pencils.
Answer:
x=−5 and y=1
Step-by-step explanation:
