The formula for getting the accumulated amount(compounded) is;
A =P(1+r%)∧n
Where A = Acumulated amount
P = principle (deposit)
r = interest rate and
n = period
Since the interst is compounded quartly,
period = (5×4)-3 = 17
A = 7100(1+2.8/100)∧17
= 7100×1.028∧17
= 11,353.80
The money she will end up earning in interest on the cd = $11,353.80
Given :
A = 25000
P = 20000
r % = 9.6 % = 0.096
n = 12
To Find :
The time taken say t.
Solution :
We know, compound interest is given by :
Taking log both sides :
Hence, this is the required solution.
Answer:
A
Step-by-step explanation:
(2m-n) is a factor of 4(2m-n)
-3 > -7
u have to remember, with negatives, the larger number is smaller in value.
when u plot these numbers on the number line, the number that is farthest to the left is less then...the number that is farthest to the right is greater then.
-3 is warmer because it is closer to zero then -7.
The x-coordinate remains the same as the x-coordinate of point B.
The y-coordinate becomes the additive inverse of the y-coordinate of point B.
Answer: B. (3, -8)
