Initial Deposit = $7000
It means P= $7000
rate of interest = 10%
So , r = 0.10
compounded quarterly , so n = 4
and we have to find the amount after 5 years , So t = 5
Now the formula we use here is
So amount after 5 years = $11470.315
Answer:
120
Step-by-step explanation:
Add more detail if it is a different question
Answer:
The new price is 66% off the original not 75% off
Step-by-step explanation:
Let x be the original price
First take 60 percent off
x - x*60% = new price
x- .60x = .40x
The new price is .40x
Then take 15 % off
(.40x) - (.40x)*15%
.40x - .40x*.15
.40x - .06x
.34x
100 -.34 =.66
The new price is 66% off the original not 75% off
Answer:
m = −3
Step-by-step explanation:
Use the slope formula to find the slope m
.