The total repayment made, including principal and interest is $1262.27
<h3>Compound interest</h3>
The formula for calculating the compound interest is calculated as shown below;
A = P(1+r)^t
where
P is the principal = $1100
rate = 3.5% = 0.035
time "t" =4 years
Substitute
A. = 1100(1+0.035)^4
A = 1100(1.035)^4
A = 1100(1.14752)
A = 1262.27
Hence the total repayment made, including principal and interest is $1262.27
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Answer:
the answer is A and B
Step-by-step explanation:
Initial Deposit = $7000
It means P= $7000
rate of interest = 10%
So , r = 0.10
compounded quarterly , so n = 4
and we have to find the amount after 5 years , So t = 5
Now the formula we use here is
So amount after 5 years = $11470.315
For 6, you could divide 56 kilometers by 8 kilometers to get 7 kilometers. Multiply 7 by 5 to get 35. There would be 35 miles in 56 kilometers
Answer:
The U.S. PPF rotates outward (abticlockwisely), increasing the x-axis intercept with no change in the y-axis intercept
Step-by-step explanation:
Fracking is a method of improving production capabilities on oil and gas production. Although, it usually leads to environmental pollution later, it does bring in higher yields of oil and gas.
If the oil and gas production on the x-axis increases without a simultaneous, almost equal increase in production of other goods and services (on the y-axis), the data points for the x-axis shift more to the right and the PPF rotates more anti-clockwisely outward, thereby increasing the intercept on the now improved x-axis and not too much change on the intercept of the y-axis.
