9514 1404 393
Answer:
P = 50,000
r = 0.08
i = 0.02
K = 4
n = 20
t = 5
Step-by-step explanation:
In this formula, r is the annual interest rate, 8% or 0.08. K is the number of times the interest is compounded in a year. Since interest is compounded quarterly, K = 4.
r = 0.08
i = r/K = 0.08/4
i = 0.02
t is the number of years interest is compounded, so ...
t = 5
n = Kt = 4·5
n = 20
P is the principal amount invested:
P = 50,000
Answer:
Multiply the second equation's terms by 3. Solve for x.
Step-by-step explanation:
You will get:
2x+9y=28
9x-9y=42
Add them to get:
11x=70.
You can solve from there.
Combine like terms
-6x^2+2y + -1 +2x^2 + -5y +3
( -6x^2+2x^2)+(2y-5y)+(-1+3)
= -4x^2+3y+2
Answer : C
I hope that's help !
Answer:
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
I is the Final Interest Value
P is the amount of money borrowed
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above
Answer:
I think so, but don't lose sight
