Answer:
Step-by-step explanation:
Given
Required
Determine the volume
Volume is calculated as:
Substitute values for Length, Width and Height
<em>Hence, the volume of the box is </em><em></em>
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Answer:
<h2>$1344.9</h2>Step-by-step explanation:
This problem can be solved using the compound interest formula
Given data
A, final amount =?
P, principal = $586
rate, r= 6.6% = 0.066
Time, t= 13 years
Substituting our values into the expression we have
To the nearest cent the in 13 years the CD will be worth $1344.9
Answer:
Amount = $11025
Interest = $1025
Step-by-step explanation:
Amount in a compound interest is given by
where P is the principal, R is the rate and T is the time.
The interest is compunded quarterly i.e. 4 times a year. Hence its rate per quarter will be 20% ÷ 4 = 5%.
The principal is compunded for six months which is 2 quarters. Therefore, T = 2.
The interest is A - P = 11025 - 10000 = $1025