Annually The amount after 10 years = $ 7247.295
quarterly compound after 10 years = $7393.5
Continuously interest =$7,419
Given:
P = the principal amount
r = rate of interest
t = time in years
n = number of times the amount is compounding.
Principal = $4500
time= 10 year
Rate = 5%
To find: The amount after 10 years.
The principal amount is, P = $4500
The rate of interest is, r = 5% =5/100 = 0.05.
The time in years is, t = 10.
Using the quarterly compound interest formula:
A = P (1 + r / 4)4 t
A= 4500(1+.05/4)40
A= 4500(4.05/4)40
A= 4500(1.643)
Answer: The amount after 10 years = $7393.5
Using the Annually compound interest formula:
A = P (1 + r / 100) t
A= 4500(1+5/100)10
A= 4500(105/100)10
Answer: The amount after 10 years = $ 7247.295
Using the Continuously compound interest formula:
e stands for Napier’s number, which is approximately 2.7183
A= $2,919
Answer: The amount after 10 years = $4500+$2,919=$7,419
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Answer:
3
Step-by-step explanation:
Let's write the factors:
48's factors are = 1, 2, 3, 4, 6, 8, 12, 16, 24 and 48.
24's factors are = 1, 2, 3, 4, 6, 8, 12, 24.
45's factors are =1, 3, 5, 9, 15 and 45.
The greatest number that is in all three of these lists of factors is 3!
So, 3 is the greatest common factor between all three numbers!
Answer:
if a box contains 20 balls in which all are white then the probability of selecting non white is 0
Answer:
If you made $33 in 8 hours, then you should divide 8 into 33 to see how much you make per hour. 8÷33= (explaining how to get answer) can 8 go into 3? No. put a zero on top of the first three. Now can 8 go into 33? yes, 4 times, 4×8= 32, so we have 1 left over. add 2 decimals to the number so that it is $33.00, (still that same number just with zeros on the end). So far the answer is $04.??. How many times can 8 go into 10? 1 time with 2 left over, so write the one on top of the .0! Now with 2 left over we have to see how many times 8 can go into 20, 8×2= 16 16+8=24, so it can only go in 2 times without going over 20. Now that we have rounded it up to 2 decimals we don't have to keep going and your answer is
$4.12 times that by 5 and you will get the final answer.
4.12
× 5
20.60
Hope I explained I okay!
Step-by-step explanation:
Answer:
1/2-50%..?
Step-by-step explanation:
