Answer:
6.67 Miles Per Hour
Step-by-step explanation:
Answer:
2.25 discount
Step-by-step explanation:
9.00-25%(2.25) =6.75
The second one because of the points and it would need to be pc=13
Answer:
$3,113,34
Step-by-step explanation:
The formula for calculating compound interest is
Where
A=the future total value, i.e, the money you will have after t years.
P=the initial deposit.
r=the annual interest rate.
n=the number of times that interest is compounded per year.
t=the number of years the money is saved.
In our case
A is unknown and we will have to calculate it with the formula.
P=$12,000
r=2.9%=0.029
n=365 because the interest is compounded daily and there are 365 days in a year
t=8 years
Applying the formula we get
So A=15,113.336
This is the amount of money you would have after 8 years.
Subtracting the initial deposit from this amount we obtain the interest earned I
I=15,113.336-12,000=3,113.336
Rounded to the nearest hundreth
I=$3,113,30
The formula is
A=p (1+r/k)^kt
A future value?
P present value 14900
R interest rate 0.027
K compounded quarterly 4
T time 17 years
A=14,900×(1+0.027÷4)^(4×17)
A=23,542.78