Answer:
642
Step-by-step explanation:
area equals LxW
divide 24396/38
answer 642
642x38= 24396
Answer:
D = $8637.45
Step-by-step explanation:
Rate = 3.65% = 0.0365
Principal = 5000
Time (t) = 15 years
N = 12 (since its compounded monthly)
Compound interest (A) = P(1 + r/n)^nt
A = 5000(1 + 0.0365 / 12)^15*12
A = 5000(1 + 0.00304)¹⁸⁰
A = 5000(1.00304)¹⁸⁰
A = 5000 * 1.7269
A = 8634.86
The investment would worth $8634.86
Note: the final answer may vary slightly from the answer in the options due to ± from approximation
U can do this 2 ways...
26.50 + 0.06(26.50) = 26.50 + 1.59 = 28.09 <==
or
1.06(26.50) = 28.09 <=
