First, we’re going to use this formula:
2nd number - 1st number
————————————— x 100%
1st number
If we plug in the numbers to this equation:
23-20
———- x 100%
20
And subtract 23 to 20, the answer to this equation is:
3
—- x 100% = 15%
20
In this case, the percent of increase is 15%.
Answer: $4,331
Step-by-step explanation:
I will assume that the question meant 5.2% not 52% as this is quite excessive.
Katherine after 13 years.
Convert the variables;
n = 13 years = 13 * 365 = 4,745 days
r = 5.2% = 5.2/365 = 5.2/365%
Future value = P * ( 1 + r)^n
= 86,000 * (1 + 5.2/365%)⁴⁷⁴⁵
= $169,068
Michael after 13 years;
If compounded continuously, the formula is;
Future value = Pe^rt
= 86,000 * e⁰.⁰⁵ ˣ ¹³
= $164,737
Difference = 169,068 - 164,737
= $4,331
Answer: Hello your question some data but i will provide a general solution based on the scope of your question making some suggestions as well
answer : Summation of displacements ( back and forth distance ) / Number of Runners
Step-by-step explanation:
Given that ; the aim of the race is to raise money
The number of miles/ distance covered will determine how much money that would be raised
Formula to resolve the problem = Summation of displacements ( back and forth distance ) / Number of Runners
<em>Lets assume: ( example ) </em>
<em> Distance between the Park and the City hall is = 6 miles </em>
<em>Number of runners = 4</em>
<em>Given that the runners Run from the Park to the City hall and then run back</em>
<em>Total miles covered by each runner = ( 6 + 6 )/ 4 = 12/4 = 3 miles </em>
The area of the rectangular garden given the length and width is 16 1/2 square feet
<h3> Area of the garden</h3><h3 />
- Length = 5 1/2 feet
- Width = 3 feet
Area of a rectangular garden = length × width
= 5 1/2 feet × 3 feet
= 11/2 × 3
= 33/2
= 16 1/2 square feet
Learn more about area:
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Answer:
A. $2.26
Step-by-step explanation:
An equation for Harper's balance can be written similar to the one written for Raymond's balance. It will be ...
H(t) = 110(1.035)^t
For t = 2, the two balances will be ...
H(2) = 110(1.035^2) = 117.83
R(2) = 110(1.025^2) = 115.57
The difference is ...
$117.83 -115.57 = $2.26
Harper's account will have $2.26 more.
_____
As a quick estimate or sanity check, you can see that Harper's interest rate is 1% more than Raymond's. So, in 2 years, he will earn a little more than 2% more on his investment than Raymond earns. 2% of $110 is $2.20, so the difference can be expected to be slightly more than this.
