Answer:
8400 cents
Step-by-step explanation:
SI=P×T×R
100
300×4×7
100
=$84
=8400 cents
Answer:
200 feet per minute
Step-by-step explanation:
1000 / 5 gives us the feet per minute
200 feet per minute
Answer: 200 feet per minute
Answer:
C. 18x+9y
Step-by-step explanation:
Answer:
To determine the compound interest of a certain investment, the following formula should be used:
X = Initial value (1 + interest rate / number of compositions) ^ years x number of compositions
Thus, in the assumption of an investment of $ 1,000 with interest compounded daily at 3% for 8 years, the formula would be the following:
X = 1,000 x (1 + 3/365) ^ (8x365)
X = 1,271.24
On the other hand, in the case of an investment of $ 1,000 with compound interest every 6 months at 3% for 8 years, the formula would apply as follows:
X = 1,000 x (1 + 3/2) ^ (8x2)
X = 1,268.99