Hello kiddio lets figure this out!
The formula for simple interest is I = P*R*T where I = interest, P = Principal (original amount), R is the rate as a decimal, and T is time in years. So I = 1500*(.05)*6 = 1500*(0.30) = $450. The total amount you have after 6 years is the amount you started with ($1500) plus the interest ($450) which is $1950. The formula for yearly compounding is A = P(1 + r)t where A = Accumulated or final amount P = Principal ($1500) r = interest rate as a decimal (0.05)t = time (6 years) A = 1500*(1 + 0.05)6 = 1500*(1.05)6 = $2010.14
Have a nice day
I know its a long problem but i have to shiw how i got my answer.
Answer:
x=4
Step-by-step explanation:
if you do
you'll get that
is 64.
Answer:
11/8 and 21/16
Step-by-step explanation:
3 x 1 = 3
4 x 2= 8
3/8+3/4(convert to eighth's)
3/8+6/8=11/8
1 1/8 = 9/8
9 x 1 = 9
8 x 2 = 16
9/16+3/4(convert to sixteenth's)
9/16+12/16
21/16
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hope it helps
Answer: 7/32
Step-by-step explanation:
Multiply straight across the numerator and do the same for the denominator.
7x1=7 (numerator)
16x2=32 (denominator)
Answer is 7/32