Answer:
$215,892.50
Step-by-step explanation:
This is a problem of compound interest.
In compound interest Amount A for principal p charged at interest r% per annum is given by
A = p(1+r/100)^n
where n is the time period in years.
_____________________________
given
p = $100,000
r = 8%
t = 10 years
A= 100,000( 1+ 8/100)^10
A= 100,000( 1.08)^10
A = $215,892.50
So , you need to pay $215,892.50 in total to debt cleared of debt.
Answer:
The answer is D.
Step-by-step explanation:
simplify the expression by multiplying
calculate the product
express with a positive exponent using
the answer to this question would be 0.185185185185185
The fraction is 12/1000 which simplified to 3/250. The percentage is 1.2%.
7 5 35
-- X -- = -----
1 6 6
hope it helps
7 =7/1
Multiplying Fractions is easy . numerator times numerator and denominator times denominator. then simplify if possible