I use a bit of a different looking formula.
A(t)=P(1+r/n)^nt
P=amount of money. (500)
r= rate (in decimal. 4%=0.04)
n=number of times per year (1 in this problem)
t=amount of time. (5 years)
Plugged in it looks like this:
A(t)=500 (1+ 0.04/1)^1x5
Then I put it into my calculator like this:
0.04/1+ 0.04
Then add one to the above answer:
0.04+1=1.04
Then raise the above answer to the 1x5:
1.04^5=1.2166......
Then multiply the above answer by 500:
1.2166.... x 500=608.3264512
She has $608 after 5 years.
Hope this helps, let me know if you have any questions.
Answer:
696
Step-by-step explanation:
There wasn't much to go off of but based of the information you've gave me the answer would be 7.68=6.28
Answer:
$13,793
Step-by-step explanation:
Kate purchased a car for $23,000. It will depreciate by a rate of 12% a year. What is the value of the car in 4 years. *
The formula for Depreciation rate =
y = a(1 - r) ^t
Where
y = Value of the car after t years
a = Initial value of the car = $23,000
t= time in years = 4 years
r = Depreciation rate = 12% = 0.12)
y = $23000 (1 - 0.12)⁴
y = $13792.99328
Approximately = $13,793:
Answer:
Its the last one
Step-by-step explanation:
The angle R is supposed to be the letter in the middle which is known as the vertex in an angle,It leads to the angle in degrees forming a proper angle.
It not much information because its hard to explain but,hope this helps!!!.