Answer:
match
Step-by-step explanation:
Answer:
$ 8,695.35
Step-by-step explanation:
This is a compound interest question
Amount after t years = A = P(1 + r/n)^nt
Where P = Initial Amount saved
r = interest rate
t = time in years
n = compounding frequency
A = 10,000
r = 3.5 %
t = 21 - 17 = 4 years
n = Compounded monthly = 12
Step 1
Converting R percent to r a decimal
r = R/100 = 3.5%/100 = 0.035 per year.
P = A / (1 + r/n)^nt
Solving our equation:
P = 10000 / ( 1 + (0.035/12)^12 ×4 =
P = $8,695.35
The principal investment required to get a total amount, principal plus interest, of $10,000.00 from interest compounded monthly at a rate of 3.5% per year for 4 years is $8,695.35.
Answer:512
Step-by-step explanation:
Its c I've done this before
Both are not earning different salaries.
If a study determines the difference in average salary for subpopulations of mechanical engineers and civil engineers is NOT significant, then the subpopulations of mechanical and civil engineers are not earning different salaries.
Study determines that there is not any significant study so thats why both are not earning.
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