Are equation for a rectangle is area = (width x length)
(18x - 12) = 6 x length
length = (18x - 12) / 6
length = 3x - 2
.5 as a decimal and 50% as a percent
Answer:
$<em>150,858.5</em>
Step-by-step explanation:
The formula for calculating compound interest is expressed as;
A = P(1+r/n)^nt
P is the Principal = $124000.00
r is the rate = 12% = 0.12
t is the total time = 2 years
n is the time of compounding = 1/4 = 0.25(quarterly)
Substitute into the formula;
A= 124000(1+0.12/(0.25))^(0.25)(2)
A = 124000(1+0.48)^0.5
A = 124000(1.48)^0.5
A = 124000(1.2166)
A = 150,858.5
<em>The amount after 2 years if compounded quarterly is 150,858.5</em>
Divide $4.20 by 2 to get how much $ a pound then multiply by 5 MAKE SURE TO DO IT TWICE in order to have the right answer
Fv=24000(1+10.44%)^15
Fv=106440.57