Given: Principal Amount (P) = $300
The rate of interest (r) = (3/4) compounded quarterly.
No. quarters in 3 years (n) = 3×4 = 12
To find: The amount for the CD on maturity. Let it will be (A)
Formula: Compound Amount (A) = P [ 1 + (r ÷100)]ⁿ
Now, (A) = P [ 1 + (r ÷100)]ⁿ
or, = $300 [ 1 + (3 ÷400)]¹²
or, = $300 × [ 403 ÷ 400]¹²
or, = $300 × 1.0938069
or, = $ 328.14
Hence, the correct option will be C. $328.14
Answer:
approximately 43
Step-by-step explanation:
if you make fringe benefits for every 100 dollars that would mean you would have to do this 43 times in order to get the amount to 5,100
Answer:What you have to do first is you have 5 owners correct? Well you take anything they're sharing in this case it's delay/debt, so you divide $110 by 5 and you should get $22. This means that each owner would have to pay $22 for the delay.
ANS -22
Brainly please
Answer:
if they are equal then it would be 6.5