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:
Step-by-step explanation:
Given
The question is illustrated with the attached image
Required
Find 
To do this, we use sine formula
i.e.
So, we have:
Take arc sin
Value of expression 
is 22 .
<u>Step-by-step explanation:</u>
Here we have the following expression to solve :
8÷2*5+(6-4)
⇒ 
⇒
But 8 = 4(2) , So
⇒ 
⇒ 
⇒ 
⇒ 
⇒ 
Therefore, Value of expression is 22 .
$21.22
Multiply 19.74 times 0.075 (7.5% converted to a decimal) to get 1.48 (the amount of tax) and add that to the cost of the meal (19.74)
Answer: Present value = $7200
Step-by-step explanation: Given Principal that is the original amount is $6000
Rate is 10% every fourth year
But the total period is eight.
So the interest would be paid 8/4 = 2 times.
Therefore,
Simple interest
= {principal * rate * no of times}/100
= {$6000*10*2}/100
Simple interest = $1200
Present value
= principal + Simple interest
= $6000 + $1200
= $7200.
