The total amount of money accrued ( principal and interest ) in 35 years is $570.78.
<h3>What is the total amount accrued?</h3>
The formula for compound interest is expressed as;
A = P( 1 + r/t )^(n×t)
Given the data in the question;
- Principal P = $200
- Rate r = 3% = 3/100 = 0.03
- Compounded monthly n = 12
- Time t = 35
- Amount accrued in 35 years A = ?
Plug the given values into the equation above.
A = P( 1 + r/n )^(n×t)
A = 200( 1 + 0.03/12 )^(12×35)
A = 200( 1 + 0.0025 )^(420)
A = 200( 1.0025 )^(420)
A = 200( 2.85390914 )
A = $570.78
Therefore, the total amount of money accrued ( principal and interest ) in 35 years is $570.78.
Learn more about compound interest here: brainly.com/question/27128740
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Answer:
I am still trying to pick between third-person limited and third-person omniscient...Let me know which one is right :)
Step-by-step explanation:
Answer:
<em><u>x=2, y=4</u></em> (as a point,) (2, 4) (last part is unnecessary unless you are graphing)
Step-by-step explanation:
Use substitution.
Substitute y for 2x.
Since y=2x, you can plug 2x into the place where y goes...
Instead of y=-1/2x+5
2x=-1/2x+5....Now solve
2.5x=5 (Sorry my computer cannot type fractions very clearly)
/2.5 /2.5 (dividing by 2.5 on both sides)
<u><em>x=2</em></u>
Now just plug x into any of the equations to find y (preferably the easier one).
y=2x becomes
y=2*(2)
=4
<em><u>y=4</u></em>
Answer:
180º
Step-by-step explanation:
All the interior angles add up to 180º degrees.
<span>The list of
scores will be: 30 60 63 65 65 67. To get the median, you have to
arrange the scores from lowest to highest. The middle number is the median. In
this, case there are two numbers in the middle so you have to add the two and
then divide by two.</span>
<span>Therefore, 63 +
65 = 128 / 2 = 64.</span>
