Answer:
$9.60
Step-by-step explanation:
The question above is a simple interest question.
The formula for the amount of money after a given period of time using simple interest is given as:
A = P(1 + rt)
Where
P = Initial Amount saved or invested = $8
R = Interest rate = 5%
t = Time in years = 4
Calculation:
First, converting R percent to r a decimal
r = R/100 = 5%/100 = 0.05 per year.
Solving our equation:
A = 8(1 + (0.05 × 4)) = 9.6
A = $9.60
The amount of money that will be in a bank account after 4 years is $9.60
The answer is 7.76 because the fraction written as a decimal would be 7.76 and not any of the other choices they want you to find which number is equal to the fraction number
Answer:
Hey there the answer is 370
Step-by-step explanation:
Answer:
Step-by-step explanation:
It is given that, the radius of a circle is 8 inches and we are to find the circumference of the circle.
To find the circumference of the circle we must know this formula first :
Where
- r is the radius of the circle.
- We'll take the value of π as 3.14
Now substituting the values in the formula :
Therefore,
- The circumference of the circle is 50.24 inches
