Answer:
$7,012.76
Step-by-step explanation:
First, convert R as a percent to r as a decimal
r = R/100
r = 7/100
r = 0.07 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 5,000.00(1 + 0.07/1)(1)(5)
A = 5,000.00(1 + 0.07)(5)
A = $7,012.76
Summary:
The total amount accrued, principal plus interest, with compound interest on a principal of $5,000.00 at a rate of 7% per year compounded 1 times per year over 5 years is $7,012.76.
Answer:
10
Step-by-step explanation:
Answer:
Im not sure but i will try but im going to say like 115
Step-by-step explanation:
Answer:
I would say Inductive reasoning.
Step-by-step explanation:
Inductive reasoning is defined as "A method of reasoning in which a body of observations is synthesized to come up with a general principle." and this is exactly what the doctor did to come up with his diagnosis.
Hope this helps you out a bit.