When calculating interest accrued you should

Answers

Answer 1
multiply the principal by the APR and the number of months in the year, then divide by the number of months earning interest. multiply the principal by the APR and number of months, then divide by the total number of months in the year. multiply the principal by the APR and number of months.
Answer 2

The compound interest is given by the formula A = P ( 1 + r/n )ⁿᵇ

What is Compound Interest?

Compound interest is interest based on the initial principle plus all prior periods' accumulated interest. The power of compound interest is the ability to generate "interest on interest." Interest can be added at any time, from continuously to daily to annually.

The formula for calculating Compound Interest is

A = P ( 1 + r/n )ⁿᵇ

where A = Final Amount

P = Principal

r = rate of interest

n = number of times interest is applied

b = number of time periods elapsed

Given data ,

Let the amount invested be represented as P

Now , the time period be b

Let the number of times the interest is applied be n

Let the rate of interest be represented as r

Now , the amount after b years is given by

A = P ( 1 + r/n )ⁿᵇ

And , when calculating interest ,

Interest I = Amount A - Principal P

Therefore , the value of I is = A - P

Hence , the compound interest is A = P ( 1 + r/n )ⁿᵇ

To learn more about compound interest click :

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Related Questions

HELPP ASAP PLEASE

Using the information given, select the statement that can deduce the line segments to be parallel. If there are no
then select none.
When m7=24
AB || DC
AD II BC
none

Answers

Answer:

b. AD II DC

math is annoying, a lot of the stuff they teach we don't use in the real world lol

Answer:

If anything, AB DC seems like it would be right because AD BC doesnt line up with angles real well. Im not entirely sure; educated guessing.

The sum of the lengths of any two sides is greater than the third side, then the given sides will form a triangle.
Apply the theorem statement for the given numbers 10, 7 and 13. Do these numbers form a triangle? Explain

Answers

Answer:

Yes, These numbers 10, 7, and 13 can form a triangle

Step-by-step explanation:

The sum of any two sides of a triangle is greater than the third side

Let us use this theorem to solve the question

∵ The numbers are 10, 7, 13

∵ 10 + 7 = 17

∵ 17 > 13

The sum of 10 and 7 is greater than the 3rd number 13

∵ 10 + 13 = 23

∵ 23 > 7

The sum of 10 and 13 is greater than the 3rd number 7

∵ 7 + 13 = 20

∵ 20 > 10

The sum of 7 and 13 is greater than the 3rd number 10

∵ The sum of every two numbers is greater than the 3rd number

→ By using the theorem above

The numbers 10, 7, and 13 can form a triangle

what is the ordered solution to this equation:
-9x-y=15

Answers

Answer:

hiiii

Step-by-step explanation:

x=-1/9 +-5/3

Answer:

x= - y+15/9

y= -9x-15

Step-by-step explanation:

Hope this helped if so please leave a rating! :)

THANKS

A bank gives two dollars in eastern caribbean currency for one united states dollar. Given 1% tax is charged on all foreign exchange transactions, calculate the amount in ec currency which a tourist receives in exchange for us 1200

Answers

Answer:

A tourist receives 2376 ec currency in exchange for us 1200.

Step-by-step explanation:

This can be calculated as follows:

Tax rate = 1%

Amount of us currency = 1200

Total amount of ec currency = Amount of us currency * 2 = 1200 * 2 = 2400

Amount of tax = Total amount of ec currency * Tax rate = 2400 * 1% = 24

Net amount of ec currency = Total amount of ec currency - Amount of tax = 2400 - 24 = 2376

Net amount ec currency obtained above is the amount of ec currency which a tourist receives in exchange for us 1200.

Therefore, a tourist receives 2376 ec currency in exchange for us 1200.

A correlation coefficient of -1 would be considered...

Answers

Step-by-step explanation:

Correlation coefficient is a quantitative measure used to determine the statistical relationships between two or more random variables or observed data values. Here -1.0 states the perfect negative correlation, while 1.0 states the perfect positive correlation. ...

Ms. Swanson and 2 neighbors purchased a lawnmower to share. The lawnmower costs​ $358.40. Describe how you can estimate each​ person's share of the cost.

Answers

358.40 divider by 3 equals 119.467. So your answer would be $119.467
358.40/3

they each paid about $120

Which relation graphed below is a function?

Answers

Answer:

C is a function, D is not.

Step-by-step explanation:

What formulas can you use to find the point P(x, y) along the line segment between A(x1 , y1 ) and B(x2 , y2 ) that is a fractional distance k from A?

Answers

Answer: Walk through writing a general formula for the midpoint between two points. ... I believe you would simply find the differences in x and y from the midpoint to the one ... How would you solve a problem in which you do not know point B but are given ... the line y=x and the curve y=4x-x^2 intersect at the point p and q.

Step-by-step explanation:

6/11 ÷ 3/6
please answer the correct one I'll brainlies ​

Answers

Answer: 12/11

Step-by-step explanation:

(6/11) / (3/6)

(6/11) * (6/3) = 36/33 = 12/11

Answer:

12/11

Step-by-step explanation:

6/11 / 3/6

Simplify

6/11 / 1/2

Preform division, remember, dividing a number by a fraction is the same as multiplying that number by the reciprocal of that fraction

6/11 * 2/1

12/11

i need help on this now plz

Answers

Answer:

-7

Step-by-step explanation:

Answer:

x= -7

Step-by-step explanation:

isolate the variable by dividing each side by factors that don't contain the variable.

What is 1232456 * 789456? I will mark brainliest!!

Answers

Answer:

972,969,793,936

Step-by-step explanation:

972,969,793,936 is the answer when the numbers and multiplied.

You have to multiply according to the different places you put the numbers in.

Hope this helped,

Kavitha Banarjee

anserw

789101112

Step-by-step explanation:

6th grade math i mark as brainliest​

Answers

Answer:

Solving [tex]6^2-(1.1+7.4)+1.5[/tex] we get [tex]\mathbf{29}[/tex]

Step-by-step explanation:

We need to solve:

[tex]6^2-(1.1+7.4)+1.5[/tex]

First solving brackets

[tex]=6^2-(8.5)+1.5\\=6^2-8.5+1.5\\[/tex]

Now solving 6^2

[tex]=36-8.5+1.5\\[/tex]

Now subtracting 8.5 from 36

[tex]=27.5+1.5[/tex]

Now adding the above values

[tex]=29[/tex]

So, solving [tex]6^2-(1.1+7.4)+1.5[/tex] we get [tex]\mathbf{29}[/tex]

Answer:

no

Step-by-step explanation:

-3+-12 - (11+4--2)
Answer quick please I need to do four operations with rational numbers and showing all steps

Answers

Answer:

-32

Step-by-step explanation:

-3 + -12 - (11+4 - -2) = -3 + -12 - (17) = -3 + -12 -17 = -32

Answer : -32

Jamie did some push ups on Monday and Tuesday

Answers

Answer:

what would you like?

More information needs to be provided.

An event called __ if the probability it will occur equals 1, plz help im dying (it has 7 letters)

Answers

Answer:

"certain"

Step-by-step explanation:

by definition, any event with a probably of 1 is defined as certain (i.e certain to happen)

by contract any even with a probably of 0 is defined as impossible (i.e impossible to happen)

Determine the missing angle in each triangle.

Answers

Answer:

45

23

104

49

Step-by-step explanation:

45, 23, 104, 49 would be the answers

An object's velocity can be described by its acceleration and direction.
true or false

Answers

false.
because acceleration and direction are different units. an objects velocity can be described by its direction but not by its acceleration.

Answer: False

Step-by-step explanation:

hope it helped xx

complete the solution of the equation find the value of y when x equals 1
9x + 7y = -12

Answers

The value of y when x=1 is (-12).

Work:

A machine costs 7500. Its value decreases by 5% every year due to usage. what will be its price after 1 year?​

Answers

Answer:

12000 will be the price of machine after 1year.

Step-by-step explanation:

As i got.

NEED RN, WORTH 30! ~ please and thank you! <3

Answers

1/4x-4 so the second one

SOLVE THIS PLEASE

Nice
Impressive
Great
Golden
Eager
Respectible

Answers

omg i just understood it-

In the diagram, AB and CD are straight lines. What is the value of x?

Answers

Answer:

x = 50° (alternate interior angles are equal)

hope you understood:)

What are the coordinates for an enlarged parallelogram, A'B'C'D', if the scale factor for the dilation is?? 4 A 0 /( 7, 2); }' 7, 2); C(0, 2); D' ( 14, 2) ON 7.7); B (7.7); C'(0, --7); D' (-14, -7) ON( 2.7); B (2,7); C'0,-7); D'(-4,-7) ON(-7,-2);B(7.-7); C'(0,7); D'(-14,7) 4​

Answers

Answer:

B

Step-by-step explanation:

Answer:

B. A’(–7, 7); B’ (7, 7); C’(0, –7); D’ (–14, –7)

Step-by-step explanation:

The person above is correct :)

What percent of 47.9 is 11?
A)4.4%
B)435.5%
C)148%
D)23%

Answers

Answer:

4.4%

Step-by-step explanation:

47.9 divided by 11 is 4.3545454545...

Round the 4.35454545.. to the closest

This is 4.4 percent

can someone please help?

Answers

Answer:

The answer is in the explaination

Step-by-step explanation:

A + B = 180 degrees

14x - 72 = 180

14x = 108

x = 8

A = 5 times 8 plus 20

A = 60

Answer:

110 degrees.

Step-by-step explanation:

Angle A + Angle B = 180 degrees.

Therefore, 5x+20+9x-92=180

When you solve you get 14x=252 or x=18

When you plug that into A you get 5(18)+20=110

Therefore, A=110 degrees

solve the following

1) what should be the sum when the greatest two digit number is added to the smallest 3 - digit number ? ___________

2) what is the difference between greatest 3 digit number and smallest 3 digit number ? _____________

can anyone answer this tow question
ಠ︵ಠ​ please

Answers

Answer:

1) 199

2) 899

Step-by-step explanation:

1)

The 2-digit number is the number formed from unit-digit and ten-digit

∵ The greatest digit is 9

→ To form the greatest 2-digit number use 9 as ten-digit and unit-digit

The greatest 2-digit number is 99

The 3-digit number is the number formed from unit-digit, ten-digit, and hundred-digit

∵ The smallest digit is 0

→ To form the smallest 3-digit number use 0 as ten-digit and unit-digit,

   we can not use 0 for the hundred-digit so use 1 as hundred-digit  

The smallest 3-digit number is 100

∵ The sum of them = 99 + 100

Their sum is 199

2)

→ To form the greatest 3-digit number use 9 as hundred-digit, ten-digit,

   and unit-digit

∴ The greatest 3-digit number is 999

∵ The smallest 3-digit number is 100

∵ The difference between them = 999 - 100

The difference between them = 899

Jack is starting to save spend and give his money away he has determined that he will give 10% of his summer job earnings if he gives away $256 how much did he are in the summer

Answers

9514 1404 393

Answer:

  $2650

Step-by-step explanation:

If Jack's earnings are represented by e, then we have ...

  10% × e = $256

Multiplying by 10 gives ...

  100% × e = $2560

Jack earned $2650 in the summer.

_____

100% = 1

-1/2x + 2/3 + 1 = 11/12​

Answers

Answer:

Step-by-step explanation:

What do you want me to find? Bc it looks like you already have the answer. Sooo. Do you want me to check orrrr?

Step-by-step explanation:

i really want to help u but what os the question ask

Paolo is putting a fence around his pool. The length of the pool is 20 feet, the width is (20 minus x) feet, and the area of the pool is 300 square feet. Recall that area is length multiplied by width. The equation below models the area of the pool. 20 (20 minus x) = 300 What is the value of x? Round to the units place. 5 8 15 35

Answers

Answer:

The value of x = 5

Step-by-step explanation:

Length of the pool = 20 feet

Width of the pool = (20 minus x) feet

Area of the pool = 300 square feet

Area of a rectangular pool = length × width

300 = 20 (20 - x)

300 = 400 - 20x

Subtract 400 from both sides

300 - 400 = 400 - 20x - 400

- 100 = - 20x

Divide both sides by -20

x = -100/-20

= 5

x = 5

The value of x = 5

Answer:

a. 5

Step-by-step explanation:

which statements are true about the function -x + y = -2

Answers

Answer:

a, b, d

Step-by-step explanation:

y = x - 2

(a) The y-intercept is ( - 2)

(b) The x-intercept is 2

(d) The graph of the function ....

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