Firstly, solve the effective annual interest (ieff) with the equation,
ieff = (1 + i/m)^m -1
where i is the interest rate and m is the number of times the interest is compounded in a year. In this problem, m is 12
Substituting the values,
ieff = (1 + 0.034/12)^12 - 1 =0.03453
To solve for the future (F) amount of the present investment (P),
F = P x (1 + ieff)^n
where n is number of years.
F = ($742) x (1 + 0.03453)^15
Thus, the answer is $1234.76.
Answer:
no
Step-by-step explanation:
thirty percent of $28 is $8.4, so you would subtract the two leaving you with $19.6
2.5 sales tax of $19.6 is $0.49
Adding those two, the total comes to 20.09 which is just over budget
1. Pretty sure -2x+4/3
2. x+3/x-4
Answer:
191
Step-by-step explanation:
Sorry it's sideways. I drew a box chart for this. First, fill in what you know: the number of white and black beads Ally has. Then, calculate how many black beads Betty has (Ally's number, 59, minus 35.) 59-35 = 24.
They tell you the total number of beads is 346. Add up Ally's total to get 131, then subtract that from 346. That's Betty's total beads, 215.
Last, subtract the 24 black beads Betty has from the 215 total to get 191.
The way you find area is multiplying width times height, so you have to multiply 15 by 4 which equals 60. Therefore the answer is 60
