An airline charges an extra fee if a suitcase weighs more than 50 pounds. After packing, Li’s suitcase weighs 47.75 pounds. Whic
2 answers:
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Answer:
$1210
Step-by-step explanation:
Let x be total amount
First John spent $110 on a radio and 4/11 of what was left on presents for his friends so he was left with
Then he put 2/5 of his remaining money into a checking account
Rest he donated to charity
Hence total amount of money John originally had was $1210
Answer:
$7.94
Step-by-step explanation:
We have been given that on January 4, Janelle Ruskinoff deposited $2192.06 in a savings account that pays 5.5 percent interest compounded daily. We are asked to find the amount of interest earned in 24 days.
We will use compound interest formula to solve our given problem.
, where,
A = Final amount after t years,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = time in years.
24 days in years would be .
Upon substituting our given values in above formula, we will get:
To find amount of interest earned, we will subtract principal amount from final amount as:
Therefore, her money will earn approximately $7.94 in 24 days.