Answer:
The balance after four years is $1129.27
Step-by-step explanation:
The formula for compound interest, including principal sum, is 
- A = the future value of the investment/loan, including interest
- P = the principal investment amount (the initial deposit or loan amount)
- r = the annual interest rate (decimal)
- n = the number of times that interest is compounded per unit t
- t = the time the money is invested or borrowed for
∵ $800 is deposited in an account
∴ P = 800
∵ The account pays 9% annual interest
∴ r = 9% = 9 ÷ 100 = 0.09
∵ The interest is compounded annually
∴ n = 1
∵ The time is 4 years
∴ t = 4
- Substitute the values of P, r, n, and t in the formula above
∵ 
∴ 
∴ A = 1129.265
∴ The balance after four years is $1129.27
Answer:
What?
Step-by-step explanation:
Answer:
Freezer A is better option as price per cubic foot is less for Freezer A
Step-by-step explanation:
Data provided in the question:
Measure of Freezer A = 1 ft × 1 ft × 5 ft
Measure of Freezer B = 1.5 ft × 1.5 ft × 4 ft
Price of Freezer A = $300
Price of Freezer B = $600
Now,
Volume of Freezer A = 1 ft × 1 ft × 5 ft
= 5 ft³
Volume of Freezer B = 1.5 ft × 1.5 ft × 4 ft
= 9 ft³
Now,
Price per cubic foot for Freezer A = $300 ÷ 5 ft³
= $60/ft³
Price per cubic foot for Freezer B = $600 ÷ 9 ft³
= $66.67/ft³
Hence,
Freezer A is better option as price per cubic foot is less for Freezer A
Answer:
<h2>$66</h2>
Step-by-step explanation:
Step one:
given data
charges
$4 per bag
$10 weekly fee
let the number of bag be x
and let the total charges be y
<em>the linear function for the total per week is</em>
<em>y=4x+10</em>
Step two:
the independent variable is the weekly fee of $10
for x=14
y=4(14)+10
y=56+10
y=$66
100,1000,10,000 is the correct answer or maybe 0
