Given: Principal Amount (P) = $300
The rate of interest (r) = (3/4) compounded quarterly.
No. quarters in 3 years (n) = 3×4 = 12
To find: The amount for the CD on maturity. Let it will be (A)
Formula: Compound Amount (A) = P [ 1 + (r ÷100)]ⁿ
Now, (A) = P [ 1 + (r ÷100)]ⁿ
or, = $300 [ 1 + (3 ÷400)]¹²
or, = $300 × [ 403 ÷ 400]¹²
or, = $300 × 1.0938069
or, = $ 328.14
Hence, the correct option will be C. $328.14
Most teachers say that they do it to make sure the kids dont't forget what ws tought that day or to review
Answer: 3 hours
Step-by-step explanation:
From the question, we are informed that WHUR Radio uses 1/5 of its of its 10 hours of daytime broadcast for commercial and 1/2 for music.
Hours used for commercial:
= 1/5 × 10
= 2 hours
Hours used for music:
= 1/2 × 10
= 5 hours
Hours left for news will be:
= 10 hours - 2 hours - 5 hours
= 3 hours
You divide 8644 by 8 which equals 1080.5, but since you can't have half of one person you approximate it to 1080 or 1081.
