Answer:
the interest received is $957.03
Step-by-step explanation:
Given that
The invested amount is $10,000
There is 18 months
And, the interest rate is 6.25%
= (($10,000 × (1 + 6.25% ) × 0.0625 × 6 months ÷ 12 months)) + ($10,000 × 6.25%)
= $332.03 + $625
= $957.03
Hence, the interest received is $957.03
Answer:
what your question is but it travels 67 miles in an hour
Step-by-step explanation:
take 268 divide by 4 you get 67
(2.6x7)/2
18.2/2
Area=9.1 m^2
Answer:
The answer is the third equation. A = 250*(1 +0.016)^(0.75)
Step-by-step explanation:
Since Javier deposited $250 into an account with annual interest rate, then as the years passes his account will grow in the manner shown below:
account(0) = 250
account(1) = account(0)*(1 + 1.6/100) = account(0)*(1 + 0.016) = account(0)*1.016
account(2) = account(1)*1.016 = account(0)*1.016*1.016 = account(0)*(1.016)²
account(3) = account(2)*1.016 = account(0)*(1.016)²*1.016 = account(0)*(1.016)³
account(n) = account(0)*(1.016)^n
Where n is the number of years, account(0) is the initial amount. In this case only 9 months have passed, so we need to convert this value to years, dividing it by 12, which is 9/12 = 0.75. The initial amount was 250, so the equation is:
A = 250*(1.016)^(0.75)
The answer is the third equation.
