Answer:
A = $10,441.68
A = P + I where
P (principal) = $10,400.00
I (interest) = $41.68
Step-by-step explanation:
First, convert R as a percent to r as a decimal
r = R/100
r = 0.02/100
r = 0.0002 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 10,400.00(1 + 0.0002/2)(2)(20)
A = 10,400.00(1 + 0.0001)(40)
A = $10,441.68
Summary:
The total amount accrued, principal plus interest, with compound interest on a principal of $10,400.00 at a rate of 0.02% per year compounded 2 times per year over 20 years is $10,441.68.
Answer:
They are 9, 5 and 8
Step-by-step explanation:
Answer:
$13.50
Step-by-step explanation:
if the total is $31.50, it is both the blouse and the skirt together, so uf you take away the blouse from the total ($31.50 - $18) then yiu are keft with the price of the skirt
Answer:
x = - 100
Step-by-step explanation:
Given
+ 6 = - 14 ( subtract 6 from both sides )
= - 20
Multiply both sides by 5 to clear the fraction
x = 5 × - 20 = - 100
Answer:
Becky graduated with a master degree in Personal Financial Planning. After working two years in a small financial planning firm, Becky earns $60,000 annually and saves $10,000 a year. What is her average propensity to consume?a.16.7%b.25.5%c.75.7%d.83.3%e.95.5%14. Which of the following goals is stated in a way that is most useful for developing a financial plan?
Step-by-step explanation:
