Mathematics
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OpenStudy (unicornpoopcookies):
Help me with this question? Will give Medals!!
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OpenStudy (unicornpoopcookies):
OpenStudy (unicornpoopcookies):
How do they get 13.50 ?
OpenStudy (missmob):
wat will i has to do ?
OpenStudy (unicornpoopcookies):
900 x 6% x 0.75 = 40.50..
OpenStudy (missmob):
wait ill calculate
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OpenStudy (unicornpoopcookies):
thanks..
OpenStudy (missmob):
hmm its 40.5
OpenStudy (missmob):
how did they get that
OpenStudy (unicornpoopcookies):
IDK im about to crack my head open its driving me insaine
OpenStudy (missmob):
omg
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OpenStudy (missmob):
i think they had an error
OpenStudy (unicornpoopcookies):
I doubt it :(
OpenStudy (missmob):
i have checked with every other way and its not 13.50
OpenStudy (unicornpoopcookies):
I have to but apparently it is,somehow. I'll post another problem hang on
OpenStudy (jack1):
quarterly...
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OpenStudy (unicornpoopcookies):
quarterly = 3/4 = 0.75
OpenStudy (unicornpoopcookies):
OpenStudy (jack1):
6% annually, calculated quarterly
900 x .06 x .25 = 13.5
1/4 = a quarter = 0.25
OpenStudy (unicornpoopcookies):
In the chart they gave me they put semiannually = 1/2
OpenStudy (unicornpoopcookies):
quarterly = 3/4
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OpenStudy (unicornpoopcookies):
and monthly = 1/12
OpenStudy (unicornpoopcookies):
(chart for calculating time)
OpenStudy (missmob):
no wait quater is 1/4
OpenStudy (jack1):
quarterly calculated for 3 quarters is 3/4
quarterly per quarter is 1/4
OpenStudy (unicornpoopcookies):
for the rest of the chart A. & B. the answers are A.13.70 & B. 927.20..How?
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OpenStudy (jack1):
compounding interest, calculated quarterly
OpenStudy (unicornpoopcookies):
I dont get it but thank you for helping me.
OpenStudy (jack1):
|dw:1371631533605:dw|
OpenStudy (jack1):
|dw:1371631780736:dw|
OpenStudy (unicornpoopcookies):
ooooooo Now it makes a LOT more sence
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OpenStudy (unicornpoopcookies):
thank for doing this out,copying this to my notes right now
OpenStudy (jack1):
after 9 months: ...?
sweet, glad jew got it
OpenStudy (jack1):
always welcome, slaters