The amount after 5 years in the account will be $472.
Simple interest is calculated just on the loan's principal amount, whereas compound interest is calculated on both the principal and the cumulative interest.
Given that a saving account pays 3.6% per annum simple interest Heidi puts £400 into the account. the amount after 5 years will be calculated as:-
The amount for one year is:-
0.036(400)+400
For 5 years the amount will be:-
Amount = 5(0.036(400))+400
Amount = 0.18(400)+400
Amount = 1.18(400)
Amount = $472
Therefore, the amount after 5 years in the account will be $472.
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The correct answer is B) 78.5
As we know that
Area of a circle = π (r) ²
Radius will be 1/2d
Radius is 5 inches
So putting the values
Area = 3.14* 25
Area = 78.5398163397
Answer:
-1
Step-by-step explanation:
7.3
------ = -1
-7.3
Answer:
-1
Step-by-step explanation: