What would be the balance in Marty's account after 5.75 years if he initially deposited $1,500 and his bank paid him compound interest at an annual rate of 4.8%, compounded monthly? What would be the total interest earned? What would be the Total Percent Yield? Remember that the total percent yield is not the APY. Note: Round your answer for the total interest to the nearest penny and input your answer with the dollar sign and use commas to separate the periods. Example $1,215.45 Round your answer for the total percent yield for the time period to the nearest tenth of a percent and input your answer with the percent symbol. Example 21.4%. B(5.75) = • Note: B(t) = P. + Total Interest Earned = • Note: Total Interest Earned = Ending Balance Initial Depost Total Percent Yield = Total Interest • Note: Total Percent Yield D x 100% Initial Deposit
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
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