Given
Present investment, P = 22000
APR, r = 0.0525
compounding time = 10 years
Future amount, A
A. compounded annually
n=10*1=10
i=r=0.0525
A=P(1+i)^n
=22000(1+0.0525)^10
=36698.11
B. compounded quarterly
n=10*4=40
i=r/4=0.0525/4
A=P(1+i)^n
=22000*(1+0.0525/4)^40
=37063.29
Therefore, by compounding quarterly, she will get, at the end of 10 years investment, an additional amount of
37063.29-36698.11
=$365.18
19 because 1 ten = 10 ones and 9 one plus 10 ones equals 19 altogether
The amount that the would be paid after 40% discount is $27
<h3>Word Problem</h3>
Given Data
Let us find the cost of three shirt
= 15*3
= $45
Let us find 40% discount of $45
= 40/100*45
= 0.4*45
= $18
Let us find the amount after discount
= 45-18
= $27
Learn more about word problem here:
brainly.com/question/25693822
Answer:
x=2
Step-by-step explanation:
