Answer:
Loan payment = Loan amount / Discount factor
Number of Periodic Payments (n) = Payments per year times number of years. Periodic Interest Rate (i) = Annual rate divided by number of payments per. Discount Factor (D) = {[(1 + i) ^n] - 1} / [i(1 + i)^n]
Step-by-step explanation:
The value of the investment in 5 years is $5805.9
<h3>What is Interest ?</h3>
Interest is the amount earned over years for the amount invested.
It is given that
Principal = $5000
Rate = 3%
Compounded Quarterly
Time = 5 years
Amount = ?
The Amount is given by the formula
Amount = P( 1 + (r/n))ⁿˣ
Here n = t = time period for which the investment has been done.
Amount = 5000( 1+(3/4 * 100)⁴ˣ⁵
Amount = 5000 (1.16)
Amount = $ 5805.9
Therefore , The value of the investment in 5 years is $5805.9
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Answer:
2
Step-by-step explanation:
|-6+8|
Add/subtract the numbers: -6 + 8 = 2
= |2|
Apply the absolute value rule: |a| = a, a ≥ 0
= 2
Answer:
it is 2^21
Step-by-step explanation:
Answer:
a - (-b), a - (-5)
Step-by-step explanation:
A double negative negative is a positive, so a - (-b) = a + b, and a - (-5) is a + 5. However, a double negative is still a difference, so this answer works.