Answer:
Use the simple interest formula: A = P(1 + rt) where P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods.
First, converting R percent to r a decimal
r = R/100 = 5.5%/100 = 0.055 per year.
Solving our equation:
A = 30000(1 + (0.055 × 7)) = 41550
A = $41,550.00
The total amount accrued, principal plus interest, from simple interest on a principal of $30,000.00 at a rate of 5.5% per year for 7 years is $41,550.00.
Step-by-step explanation:
answer 16.99%
We are given this function:
8700 is the initial amount.
1.04 shows the change of original amount. This is decimal form of percentage. We need to transform it into regular percentage.
1.04 * 100% = 104%
Now we observe this number. If it is greater than 100% we have growth, if it is lower than 100% it is decay, and if it is equal to 100% than there is no change.
In our case this number is greater than 100% so we have growth. To determine the percentage rate we must substract 100% as it represents the original amount.
104% - 100% = 4%
This would be our solution if we don't have an exponent.
We have exponent so first step is to calculate the number and then we repeat the steps from above.
1,16985856 * 100% ≈ 116,99%
116.99% - 100% = 16.99%
So, final solution is growth of 16.99%
bran-list please
This is not an equation because it lacks an equal sign....so the only thing we can do here is combine like terms.
4 - 2x - 12 - 2x + 1 =
-4x - 7
