Answer: $943.11
<u>Step-by-step explanation:</u>
Compound Interest formula is:
where
- A is the Accrued amount (total earned)
- P is the Principal (amount initially invested)
- r is the interest Rate (convert percent to a decimal)
- t is the Time (number of years)
It is given that; P = 800 r = 4.2% (0.042) t = 4
A = 800(1 + 0.042)⁴
A = 800(1.042)⁴
A = 943.106 → A = 943.11 (rounded to the nearest penny)
Sarah invested $800 for four years at an interest rate of 4.2% and accrued $943.11
I believe the answer is no solutions
Distributive property states that z(x + y) = zx + zy.
25(x - y) = 25x - 25y
Answer: the answer to your question is
Recall that when you multiply a decimal by a power of ten (10, 100, 1,000, etc), the placement of the decimal point in the product will move to the right according to the number of zeros in the power of ten. For instance, 4.12 · 10 = 41.2.
hope this helps for what you needed have a nice day! :)
Answer:
37,500
Step-by-step explanation:
5% is just .05 in decimal form, so it's easy to just multiply the decimal by your total, 750,00 in this case, and get the amount of money she is able to earn from selling the house.
5% of 750,00 = .05(750,000) = 37,500.