Answer: $187 will be in the account after 6 years.
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $100
r = 11% = 11/100 = 0.11
n = 1 because it was compounded once in a year.
t = 6 years
Therefore,.
A = 100(1 + 0.11/1)^1 × 6
A = 100(1 + 0.11)^6
A = 100(1.11)^6
A = $187
Answer:
Should be C
Step-by-step explanation:
Only the same power number can be use to add or subtract :)
But why is A, B and C same kinda stuff?
16.45 - 6.4 = 10.05kg of flour to make 15 batches of scones
1 batch = 10.05/15
= 0.67kg of flour.
