Answer:its 275 for 1, and 325 for 2
Step-by-step explanation:
i did it
The answer 456 fe
Because it the benefit is doing today
Answer:
$15
Step-by-step explanation:
Let Frank be f
Deandra be d and
Charlie be c
f = 3d ......(i)
c=$20+f.....(ii)
c=$65........(iii)
Equate (ii) and (iii)
$20+f = $65
f = $45.......(iv)
Equate (i) and (iv)
3d = $45
d = $15
Deandra has $15.
Answer:
Step-by-step explanation:
9/15y + 3/21 = 5/15 y - 14/21. Adding 14/21 to both sides we then get 9/15y + 17/21 = 5/15y. Subtracting 5/15y from both sides, we get 4/15y + 17/21 = 0.
Then we get 4/15y = -17/21. Dividing by 4/15 gets us -17/21 * 4/15 = -68/315 = y.
Answer:
- The total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 0.5 years is $ 309.00.
- The total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 1 year is $ 318.27.
Step-by-step explanation:
a) How much will you have at the middle of the first year?
Using the formula

where
Given:
Principle P = $300
Annual rate r = 6% = 0.06 per year
Compound n = Semi-Annually = 2
Time (t in years) = 0.5 years
To determine:
Total amount = A = ?
Using the formula

substituting the values



$
Therefore, the total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 0.5 years is $ 309.00.
Part b) How much at the end of one year?
Using the formula

where
Given:
Principle P = $300
Annual rate r = 6% = 0.06 per year
Compound n = Semi-Annually = 2
Time (t in years) = 1 years
To determine:
Total amount = A = ?
so using the formula

so substituting the values


$
Therefore, the total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 1 year is $ 318.27.