Answer:
It is B. Porsha's expression should have 1 + 0.009375 in the parentheses.
Step-by-step explanation:
I got it in the test
The formula for annual compound interest is A = P (1 + r/n) ^ nt:
Where:
A = the future value of the investment/loan, including interest
P = the principal investment amount (the initial deposit or loan amount)
r = the annual interest rate (decimal)
n = the number of times that interest is compounded per year
t = the number of years the money is invested or borrowed for
A = P (1 + r/n) ^ nt
A= 5000(1+0.0375/4)^4*6
A= 5000(1+0.0375/4)^24
A=$6255.05 (future Value)
we know that
The area of the floor of the kitchen is equal to the area of a rectangle
so
Step 1
Find the area of the kitchen
we have
Step 2
Find the cost
we know that
the cost is $ per square foot
so
by proportion
therefore
the answer is
the total cost of the materials for tiling the kitchen floor is $
adjusted balance
b.
average daily balance
c.
previous balance
d.
usual balance
Answer:
usual balance
Step-by-step explanation: