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Maurinko [17]
2 years ago
15

$1,200 at 7% for 4 years

Mathematics
1 answer:
Rzqust [24]2 years ago
5 0

Answer:

372.95

Step-by-step explanation:

To calculate compound interest, which Amount - Principal but we dont know the value for amount so we find the amount first by using the formula.

              A =  P ( 1 +   <u>R </u>) ^n

                                100      

where p = principal    ($1200)            

a =  amount       (?)

r =  interest rate    (7%)

n = time ( no of years)    (4)

A  =  1200   ( 1   +   <u>7 </u>) ^4

                           100                  A = 1200 ( 1 + 0.07) ^4

A = 1200 ( 1.07)^4   ,    A = 1200 ( 1.31079)

A = 1,572.95

WE now find compound interest with the formula:  

C =  AMOUNT - PRINCIPAL =  $1,572.95  - $1200

    C  =   372.95

                     

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3 0
3 years ago
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Rex paid $250 in taxes to the school district that he lives in this year. This year's taxes were a 12% increase from last year.
Verizon [17]

Answer:

$223.21

Step-by-step explanation:

Last year the amount of taxes was x, an unknown amount. That was 100% of last year's tax cost.

This year, taxes went up by 12%, so this year the taxes are 112% of what they were last year. This year the taxes were 112% of x, and they were $250.

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8 0
3 years ago
Can someone help me immediately on this question having to do with triangle ABC?
SVETLANKA909090 [29]
<h3>Answers:</h3><h3>a. Vertices of triangle ABC are: A, B, C</h3><h3>b. Sides of triangle ABC are: AB, BC, AC</h3><h3>c. The side between angle A and angle C is: side AC</h3><h3>d. The angle between sides AB and CA is: angle A</h3><h3>e. Scalene triangle</h3>

=============================================

Explanations:

  • a. Each uppercase letter represents a point or angle of the triangle.
  • b. Connect two points of a triangle and you get a line segment. The order of the letters does not matter. So AB is the same as BA.
  • c. Like with part b, connecting two angles or points forms a segment.
  • d. Note how the letter "A" is in both AB and CA, so this is the shared angle between the two segments.
  • e. Sides AB, BC, and AC are all different lengths, so we have a scalene triangle. If you had two sides equal to each other, then you'd have an isosceles triangle. If all three sides are equal, then it would be equilateral.

There is no need for a diagram, but if you want, you can draw one out. See the attached image below for the diagram. This diagram should hopefully answer any questions you may have about the explanations above. There are many ways to draw the triangle, so your diagram might look different from mine.

7 0
3 years ago
The adjusted trial balance of Smith Sign Company follows:
Oksana_A [137]

Following are the general entry to the given question:

For Question 1:

Date             Account Titles and Explanation                   Dr              Cr

31-Jan-2024              Revenue Service                      $17,500  

                                   Summary of Income                                    $17,500

                             (Finishing the revenue account)  

31-Jan-2024     Summary of Income                        $7,100  

                                  Expense of Salary                                     $3,600

                                   Expense on rent                                             $1,800

                        Expense of Depreciation - equipment                   $300

                               Expense on Supplies                                            $400

                                 Expense on Utilities                                           $1,000

                           (To close the expenditure account)  

31-Jan-2024    Summary of Income                           $10,400  

                                Retained Earnings                                    $10,400

                 (To bring net income into line with retained profits)  

31-Jan-2024           Retained Earnings                       $1,000  

                                             Dividend                                             $1,000

               (To close net dividend to retained earnings)  

For Question 2:

A net income of $10,400 is generated. They may compute it by subtracting total expenses from the entire revenue.

Total Revenue= $17,500

Total Expenses=$7,100

\text{Net Income= Total Revenue-Total Expenses}

                  \bold{= \$17,500 - \$7,100} \\\\ \bold{=\$10,400}

  • Please find the complete question in the attachment file.

Learn more:

brainly.com/question/14695332

4 0
2 years ago
I think it is A but i am not sure can someone check and tell me if im wrong
nordsb [41]

Answer: it is 1.8

Step-by-step explanation: you can look up this same qustion and find it on branly <3 your right

7 0
2 years ago
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