Answer:
7.8
Step-by-step explanation:
Answer:
$157.17
Step-by-step explanation:
Interest is the amount of return that someone receive on the amount invested in a bank or in a business. The annual interest rate is defined on the invested amount. The amount invested is called the principal and.
By applying the interest rate on the principal amount, we can calculate the annual interest earning.
Principal = $3,100
Rate of simple interest = 3.38% per year
Now, define the total time period.
Time period = 18 months = 18 / 12 = 1.5 years
Now calculate the Total interest earning.
Interest Earned = $3,100 x 3.38% x 1.5 = $157.17
Answer:
$13087.92
Step-by-step explanation:
formula: ab^x
a= starting amount
a= 5072
b= 1+r
r=rate
r=9%=0.09
b=1+0.09 =1.09
x= 11 (years)
account after 11 years:
= 5072(1.09)^11
=13087.9227277
= 13087.92
The common denominators of ¹/₄ and ⁷/₁₀ are; 20 and 40
<h3>How to find the denominator?</h3>
The numerator of a fraction is the top value while the denominator of a fraction is the value at the bottom.
Now, we want to find the common denominator of ¹/₄ and ⁷/₁₀.
The common denominator can't be less than 4 or 10 and so has to be at least two terms that are divisible by 4 and 10. The next two common denominators that are greater than 10 but divisible by both 4 and 10 are 20.
Read more about denominators at; brainly.com/question/12182689
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