1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lesya [120]
3 years ago
11

Using the chart "Amount of $1 at Compound Interest" from previous reading section "More Compound Interest", find the total amoun

t and amount of interest paid in the following compound interest problems. $900 at 6%, for 10 years

Mathematics
2 answers:
tatyana61 [14]3 years ago
7 0

Annually:    Total Amount= $1,611.76   Interest Amount= $711.76

Semiannually: Total Amount= $1,625.50  Interest Amount= $725.50

Quarterly:  Total Amount= $1,632.62   Interest Amount= $732.62

NNADVOKAT [17]3 years ago
4 0

Step-by-step explanation:

We will use the formula,

A= P(1+r/n)^{nt}

where A= accrued interest

r= rate of interest (0.06)

t = time (10)

n = no. of times amount paid in a year

P = principle (900)

1) When calculated annually, we have n = 1 ,

A= 900(1+0.06)^{10}

 = $1611.76

Since A= Principle amount + interest

    Interest = 1611.76-900 = $711.76

2) When calculated semi annually, n = 2

A= 900(1+0.06/2)^{20}

  = 1625.5

Interest = $725.5

3) When calculated quarterly, n= 3

A= 900(1+0.06/3)^(30}

 = 1630.22

Interest = $730.22    

You might be interested in
And the
matrenka [14]

Answer:

A) The legs are 9 & 12 inches.

B) The hypotenuse is 15 inches.

<em>Hope that helps! :) <3</em>

Step-by-step explanation:

8 0
3 years ago
An estate valued 4500 is divided among three duaghters,anu,betty
DaniilM [7]
They would each have to pay 1,500 dollars to purchased the house
8 0
2 years ago
Is this a function yes or no
hjlf

Answer:

yep

Step-by-step explanation:

<h2>I am a  CHICKEN NUGGETS  WADDLE WADDLE</h2>
8 0
3 years ago
Identify the property used in the first four steps to solve the equation 4(x-7)=2x-6
myrzilka [38]

Answer:

x = 11

distributive law

additive law

multiplication property

Step-by-step explanation:

Given in the question an equation

4(x-7) = 2x-6

Distributive law

a(b+c) = ab +ac

4x - 4(7) = 2x - 6

4x -28 = 2x - 6

Use the addition property of equality to reduce the 2x on the right.

4x - 2x - 28 = 2x - 2x -6

4x -2x -28 = -6

Use the addition property of equality to reduce -28 to zero on the left.

4x - 2x- 28 + 28 = -6 + 28

2x = 22

Use the multiplication property of equality to reduce 2x to just x

2x2 = 22/22

x = 22/2

x = 11

4 0
3 years ago
Use the distributive law and then simplify: (3x -2) (x +1)
jenyasd209 [6]
(3x-2)(x+1)
3x*x+3x-2x-2
3x^2+3x-2x-2
3x*2+x-2
I think this is the answer
6 0
2 years ago
Read 2 more answers
Other questions:
  • What is the value of x? Look at image attached
    15·1 answer
  • Which best describe all possible classifications for the following set of numbers?
    15·1 answer
  • What is the answer.. 1+3*3-52+43×0 = ??
    8·2 answers
  • What multiplication sentence equals 23
    15·1 answer
  • The pumpkin festival is finally here! Ms Hooven bought two orange brownies and four pumpkin pies for a total of $25. Mr.Ziss bou
    7·1 answer
  • Divide.6 divided by 1/4 =
    13·2 answers
  • I already got 11-13 just need the rest.
    12·1 answer
  • Please help ASAP help please due soon
    11·2 answers
  • Please help due in 20 minutes will give brainliest.
    10·1 answer
  • Sara threw 6 darts at this dartboard, and they all hit the target. Which of the following numbers could have been her score: 4,2
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!