Answer: A = $1503.6
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 1000
r = 6% = 6/100 = 0.06
n = 1 because it was compounded once in a year.
t = 7 years
Therefore,.
A = 1000(1 + 0.06/1)^1 × 7
A = 1000(1.06)^7
A = $1503.6
Answer:
72$
Step-by-step explanation
How to insert in a calculator 90-20%= 72
How to take 20% from a price
Divide the original price by 5. <em>18</em>
Subtract this new number from the original one. <em>90 - 18 </em>
The number you calculated is the discounted value. <em>90 - 18 = </em><u><em>72</em></u>
Answer:
Step-by-step explanation:
no, he is not. He literally added the numerators and the denominators. When ur adding fractions with the same denominator, u just add the numerators and keep the same denominator.
1/5 + 2/5 = 3/5
6x^3+13x^2+16 is the result.
Answer:
225
Step-by-step explanation:
We can model this question with:
9 = 0.04x
x represents "what number."
0.04x = 9.
Divide 0.04 from both sides
0.04x ÷ 0.04 = 9 ÷ 0.04
9 ÷ 0.04 = 225.
Therefore, 9 is 4% of 225.