Total = 4000 * (1 + .07 / 4)^4*10
Total = 4000 *
<span>
<span>
<span>
2.0015973432
</span>
</span>
</span>
Total =
<span>
<span>
<span>
8,006.39
Here's a compound interest calculator:
http://www.1728.org/compint.htm
</span></span></span>
Answer
Elephant: 14%
Panda: 18%
Tiger: 29%
Bonobo: 39%:
Step-by-step explanation:
Answer: $1,907.63
Explanation:
It is stated in the problem that the brokerage fee is $450 plus 1.15% (meaning 1.15% of $126,750). Hence the brokerage fee is computed as follows
(Brokerage fee) = $450 + (1.15% of $126,750)
= $450 + (0.0115)($126,750)
= $450 + $1,457.625
= $1,907.625
Since there is no half cents today, we round-off the brokerage fee to the nearest cent. Hence the brokerage fee is $1,907.63.
Note: In the computation of brokerage fee, we need to change 1.15% to decimal.
Answer:
100C=m
Step-by-step explanation:
If 250 copies are made in 2.5 minutes, you get the equation:
250c=2.5m
divide by 2.5 on both sides and you get:
100c=m
So in m minutes, 100c copies are made.
Answer:
$600
Step-by-step explanation:
A = P(1 + rt)
P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods.
A= 5,000(1+ 0.08x1.5) = $5600
