write the formula for a compound interest, explaning what the variable represnts.

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Asked 8/16/2010 9:22:36 PM

Updated 163 days ago|6/27/2023 11:18:42 PM

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Asked 8/16/2010 9:22:36 PM

Updated 163 days ago|6/27/2023 11:18:42 PM

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The formula for compound interest is A = P(1 + r/n)^(nt), where:

- A represents the final amount or accumulated value.

- P represents the principal amount or initial investment.

- r represents the annual interest rate (expressed as a decimal).

- n represents the number of times interest is compounded per year.

- t represents the number of years the money is invested for.

- A represents the final amount or accumulated value.

- P represents the principal amount or initial investment.

- r represents the annual interest rate (expressed as a decimal).

- n represents the number of times interest is compounded per year.

- t represents the number of years the money is invested for.

Added 163 days ago|6/27/2023 11:18:38 PM

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10) A telephone cost $414. If the sale tax rate is 3%, how much tax is charged and what is the total price? Round your answer to the nearest cent
**Weegy:** 426.42 total, 12.42 tax (More)

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Updated 129 days ago|8/1/2023 10:33:38 AM

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Solution:

To calculate the tax charged, we can multiply the cost of the telephone ($414) by the sales tax rate (3% or 0.03):

Tax charged = $414 * 0.03 = $12.42

Total price = $414 + $12.42 = $426.42

Rounding to the nearest cent, the total price is $426.42.

To calculate the tax charged, we can multiply the cost of the telephone ($414) by the sales tax rate (3% or 0.03):

Tax charged = $414 * 0.03 = $12.42

Total price = $414 + $12.42 = $426.42

Rounding to the nearest cent, the total price is $426.42.

Added 129 days ago|8/1/2023 10:33:38 AM

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1. Write the fraction as an equivalent percent.
15/16 **Weegy:** 1/15 **User:** that is your final answer for this problem? **User:** 93.75% how about this one? **Weegy:** 15/16 is equivalent to 93.75%. What is the next fraction you would like expressed as a percentage? **User:** thaks **Weegy:** You're welcome! (More)

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Updated 129 days ago|8/1/2023 10:37:43 AM

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Solution to convert the fraction 15/16 to a percentage:

Step 1: Divide the numerator (15) by the denominator (16): 15 ÷ 16 = 0.9375

Step 2: Multiply the result by 100 to convert it to a percentage: 0.9375 × 100 = 93.75%

So, the equivalent percentage of 15/16 is 93.75%.

Step 1: Divide the numerator (15) by the denominator (16): 15 ÷ 16 = 0.9375

Step 2: Multiply the result by 100 to convert it to a percentage: 0.9375 × 100 = 93.75%

So, the equivalent percentage of 15/16 is 93.75%.

Added 129 days ago|8/1/2023 10:37:43 AM

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2. Write the fraction as an equivalent percent 59/100
**Weegy:** 59/100 is equivalent to 59%. **User:** thanks 3) Find fraction notation and simplify
78 4/7%
**Weegy:** You are missing part of the problem in order to simplify. [ ] (More)

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Updated 129 days ago|8/1/2023 10:40:05 AM

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Solution to convert the fraction 59/100 to a percentage:

Step 1: Divide the numerator (59) by the denominator (100): 59 ÷ 100 = 0.59

Step 2: Multiply the result by 100 to convert it to a percentage: 0.59 × 100 = 59%

So, the equivalent percentage of 59/100 is 59%.

Step 1: Divide the numerator (59) by the denominator (100): 59 ÷ 100 = 0.59

Step 2: Multiply the result by 100 to convert it to a percentage: 0.59 × 100 = 59%

So, the equivalent percentage of 59/100 is 59%.

Added 129 days ago|8/1/2023 10:40:05 AM

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Subtract. Write a mixed numeral for the answer.: 9 2/3 - 6 /1/2? By any chance the answer is one of this?: 3 1/6 or 3 1/2 or 3, or 2 1/2?

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Updated 6/27/2014 1:52:58 PM

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9 2/3 - 6 1/2 = 3 1/6

9 4/6 - 6 3/6 = 3 1/6

9 4/6 - 6 3/6 = 3 1/6

Added 6/27/2014 1:52:58 PM

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PLEASE TRANSLATE TO AN EQUATION AND SOLVE WHAT IS : 2 1/5% of 98?
ROUND TO THE NEAREST HUNDREDTH IF NECESSARY. ANSWER IS ONE OF THIS WHICH ONE?: 21.6,OR,2.16,OR216,OR,0.02?
**Weegy:** 2.16 (More)

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Updated 9 days ago|11/29/2023 9:59:04 PM

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2 1/5% × 98 = 2.16

Added 9 days ago|11/29/2023 9:59:04 PM

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