What does 4.57x0.08
2 answers:
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Answer:
$311.20
Step-by-step explanation:
Here we are required to use the Compound interest formula for finding the Amount at the end of 9th year
The formula is given as
Where ,
A is the final amount
P is the initial amount = $200
r is the rate of interest = 5% annual = 0.05
n is the frequency of compounding in a year ( Here it is compounding monthly) = 12
t is the time period = 9
Now we substitute all these values in the formula and solve for A
Hence the amount after 9 years will be $311.20
Answer:
2nd debate was 3 hours long.
Step-by-step explanation:
We have been given that during the mayoral election,two debates were held between the candidates. The first debate lasted 1 2/3 hours. The second one was 1 4/5 times as long as the first one.
Let us find the estimate of time spent on 2nd debate.
1 2/3 hours would be approximately 2 hours. 1 4/5 times would be equal to 2 times.
Therefore, the estimated time is less 4 hours.
To find the time spent on 2nd debate, we will multiply 1 2/3 by 1 4/5.
First of all, we will convert mixed fractions into improper fractions as:
Now, we will multiply both fractions as:
Therefore, the 2nd debate was 3 hours long.