Answer:
Step-by-step explanation:
It is hard to answer this but just draw the triangle ABC, and put in the side lengths, and angles.
<h3>The worth after 4 years is $ 680.24</h3>
<em><u>Solution:</u></em>
<em><u>The formula for compound interest, including principal sum, is:</u></em>
Where,
A = the future value of the investment
P = the principal investment amount
r = the annual interest rate (decimal)
n = the number of times that interest is compounded per unit t
t = the time the money is invested
From given,
n = 1 ( since interest is compounded annually)
p = 500
t = 4
<em><u>Substituting the values we get,</u></em>
Thus the worth after 4 years is $ 680.24
Answer:
t=
Step-by-step explanation:
Multiply both sides by 5/(-6).
*=*9
ik the doesnt rlly make any sense but hope this helps
Answer:
The total amount that he would have paid after 3 years is $1183.
Step-by-step explanation:
We would apply the formula for determining simple interest which is expressed as
I = PRT/100
I represents interest paid on the amount owed.
P represents the principal or initial amount owed.
R represents interest rate
T represents the duration for which the amount was owed in years.
P = $795
R = 16.25
T = 3 years
I = (795 × 16.25 × 3) ÷ 100
I = $388
Total amount that he would have paid after 3 years is $795 + $388 = $1183