Answer: $9.32
Step-by-step explanation:
10.35 - 1.035 = 9.32
40% = 32/x
Rewrite using a decimal
.40 = 32 / x
Multiply both sides by x
.40x = 32
Divide both sides by .40
x = 32 / .40
x = 80
Write the full fraction
32/80
Answer 32/80
= $ 32,275.00
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 4.85%/100 = 0.0485 per year,
putting time into years for simplicity,
24 quarters ÷ 4 quarters/year = 6 years,
then, solving our equation
A = 25000(1 + (0.0485 × 6)) = 32275
A = $ 32,275.00
The total amount accrued, principal plus interest,
from simple interest on a principal of $ 25,000.00
at a rate of 4.85% per year
for 6 years (24 quarters) is $ 32,275.00.
90, 96, 120, 124, 130, 135, 140, 145, 148, 290, 290. How would the data graphed on a horizontal number line appear to be clustered or skewed?
