To calculate amount accrued after a given period of time we use the compound interest formula: A= P(1+r/100)∧n where A i the amount, P is the principal amount, r is the rate of interest and n is the interest period.
In the first part; A= $ 675.54, r= 1.25% (compounded semi-annually) and n =22 ( 11 years ), hence, 675.54 = P( 1.0125)∧22
= 675.54= 1.314P
P= $ 514.109 , therefore the principal amount was $ 514 (to nearest dollar)
Part 2
principal amount (p)= $ 541, rate (r) = 1.2 % (compounded twice a year thus rate for one half will be 2.4/2) and the interest period (n)= 34 (17 years×2)
Amount= 541 (1.012)∧34
= 541 ×1.5
= $ 811.5
Therefore, the account balance after $ 811.5.
Answer:
A. 30000
B. 12000
Step-by-step explanation:
Find out how much spectators leave in 1 minute.
1 second = 5
1 minute = 5 x 60 = 300 (60 seconds)
20 minutes = 300 x 20 = 6000
Since there were only 80% of the full capacity of spectators and after minutes it became 60%...
80% - 60% = 20%
20% = 6000
1% = 6000 ÷ 20 = 300
100% = 300 x 100 = 30000
1 minute = 300 spectators leaving
1 hour = 300 x 60 = 18000 (60 minutes)
30000 - 18000 = 12000
Answer:
Each apple pie requires 8 apples, and each apple tart requires 4 apples.
Step-by-step explanation:
We see that both Pamela and Nicole bake the same amount of apple pies, but different amounts of apple tarts. Because of this, we can subtract the two to try to figure out the amount of apples for each apple tart. We subtract 68 from 76, giving us 8. Nicole baked 9 apple tarts, while Pamela baked 7, and 9-7=2. So we can bake two apple tarts with 8 apples, so one apple tart requires 4 apples (we divide by 2). Now that we know the amount of apples per each apple tart, we multiply 7 apple tarts that Pamela made by 4 apples, giving us 28. We subtract that from the total amount of apples Pamela used, which was 68, giving us 40. From this we can deduct that 5 apple pies need 40 apples, and we divide by 5, giving us 1 apple pie requires 8 apples.
Answer:
y = x + 7
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Here m = 1, thus
y = x + c ← is the partial equation
To find c substitute (- 3, 4) into the partial equation
4 = - 3 + c ⇒ c = 4 + 3 = 7
y = x + 7 ← equation of line