Answer:
$12,137.39
Step-by-step explanation:
Use the Compound Amount formula:
A = P (1 + r/n)^(nt), where r is the interest rate as a decimal fraction, n is the number of times the interest is compounded each year, and t is the number of years.
Here, A = $9000(1 + 0.075/12)^(12*4), or
= $9000(1.3486) = $12,137.39
Answer:
F=15
Step-by-step explanation:
Answer:
Step-by-step explanation:
3 times a year for 2 years is equal to 3 x 2, or 6. So we know that she will have to pay her bill 6 times.
The cost for each trimester is $1450, but we still have to add the book costs ($350). So, 1450 + 350 = 1800.
Now we know that she has to pay $1800 six times. So the equation will be:
1800 x 6 = 10800.
It will cost Samantha $10,800 to get her degree.
The answer is 12 percent change
