Answer:
$4026.52
Step-by-step explanation:
Given data
rate= 5%
time= 3years
A=$4630.50
P=?
we know that
A=P(1+rt)
$4630.50=P(1+0.05*3)
$4630.50=P(1+0.15)
$4630.50=P(1.15)
P=4630.50/1.15
P=$4026.52
The intitial amount is $4026.52
I'm not great at math but I believe the answer is $6.30
Answer: it’s A and D
Step-by-step explanation:
Answer:
11.35%
Step-by-step explanation:
Add all of the numbers together to get the total amount of people who visited.
Add all the numbers in the teen section to find how many teens visited.
If you put teens over whole it will give you the fraction 86/758
If you divide 86 by 758 you will get 0.11345646438
.
Move the decimal two places to the right and round to get the percent 11.35.
Here is the formula you'll need
Total = Principal * (1 + (rate/n))^n*years
I don't know how to solve that for "n" so we'll use trial and error.
If compounded annually, total =
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10,841.24
</span>
</span>
</span>
If compounded quarterly, total =
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<span>
<span>
10,955.64
</span>
</span></span><span>If compounded monthly, total =
</span>
<span>
<span>
<span>
10,981.82
</span>
</span>
</span>
If compounded daily, total =
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<span>
<span>
10,994.58
</span>
</span>
</span>
Therefore the answer is "A", daily.
Source:
http://www.1728.org/compint3.htm
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