296.32 divided by 4= how to solve pls
2 answers:
Answer:
74.08
Step-by-step explanation:
The way I will describe this is assuming you know how to do long division.
Step one. divide 29 by 4 to get 7
step 2. multiply the quotient digit (7) by the divisor 4
step 3. Subtract 28 from 29
step 4 bring down the next number of the dividend
step 5. divide 16 by 4 to get 4
step 6 multiply the quotient digit(4) by the divisor 4
step 7 subtract 16 from 16. Ad a decimal point to the top of your division problem where you should have 74.
step8 divide 3 by 4 to get 0. and bring 0 to the top
finally since 4 cant go into 3 bring down the 2 and 32/4 is 8
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Answer:
Principal = 3500
Time = 8 years
We are given that compound quarterly
So, No. of compounds per year = 2
Rate of interest = 5%
Formula :
Substitute the values :
Interest = 3863.345 - 3500 = 363.345
Hence the total amount in an investment of $3500 that was compounded quarterly for 8 years at a rate of 5% is $3863.345 and the interest that was made on that account mentioned is $363.345