Answer:
Amount she would have in 2 years at a simple interest of is
$5000 + ($5000 x 0.048 x 2) = $5480
Amount she would have in 2 years at a 4.1 % / year compounded semi- annually is :
$5000 x ( 1 +0.041/2)^4 = $5422.78
the first option yields a higher value in two years when compared with the second option. Thus, the first option is the best one to choose
Step-by-step explanation:
Future value with simple interest = principal + interest
Interest = principal x interest rate x time
0.048 x 5000 x 2 = 480
future value = $480 + 5000 = $5480
The formula for calculating future value with compounding:
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
5000 x ( 1 + 0.041 / 2)^(2 x 2) = $5422.78
Answer:
10x^3+9x^2-9
Step-by-step explanation:
8x^3+2x-2+9x^2-7+2x-2x^3 - Combine like terms
10x^3+9x^2-9
Answer is: C
√11 ≈ 3.3661
Which the closest to your answers is 3.3
Answer:
I believe its 20% or 20/100 or 1/5
Step-by-step explanation:
i mean, 20% is 20/100 or 1/5. the number already a fraction. the denominator is out of 100.
20% = 20/100
then you change it to simpliest form.
20 / 20 = 1
100 / 20 = 5 = 1/5
Your answer is <u>12v-3.</u>
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Steps:
1. Group Like Terms. (8v-3v+7v-3)
2. Add Similar Elements. (8v-3v+7v=12v)
3. Finished. (=12v-3)
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Hope this helped :)