9514 1404 393
Answer:
4254.31
Step-by-step explanation:
The compound interest multiplier is ...
m = (1 +r/n)^(nt) . . . . annual rate r compounded n times per year, t years
For 11% compounded quarterly for 18 years, the multiplier is ...
m = (1 +0.11/4)^(4·18) = 1.0275^72 ≈ 7.0516671
If 30,000 is the future value, then the present value is ...
PV = FV/m = 30,000/7.0516671
PV ≈ 4254.31
350 every 2 days.
6 days is THREE 2-days.
So he drinks 350*3 = 1050 liters of tea
Partial products is breaking down every number in multiplication and adding them. Regrouping is grouping number them adding them. They are different because one is taking all the numbers broken down, while the other is just a couple of the number.
