Given
Present investment, P = 3400
APR, r = 0.0115
compounding time = 13 years
Future amount, A
A. compounded annually
n=13*1=13
i=r=0.0114
A=P(1+i)^n
=3400*(1+0.0115)^13
=3944.895
B. compounded quarterly
n=13*4=52
i=r/4=0.0115/4
A=P(1+i)^n
=3400*(1+0.0115/4)^52
=3947.415
Therefore, by compounding quarterly, he will get, at the end of 13 years investment, an additional amount of
3947.415-3944.895
=$2.52 (to the nearest cent)
Let's represent this unknown number with the variable 'n'
n + n + 2n + 4n = -104
Explanations:
'n+n' - a number plus itself
'+2n' - plus twice itself
'+4n' - plus 4 times itself
Anyway:
n + n + 2n + 4n = -104
Simplify:
8n = -104
Divide both sides by 8:
n = -13
The number is -13
Good luck! If you need me to explain something in more depth, just ask :))
-T.B.
Answer:
12n
Step-by-step explanation:
The answer is -32. This is because when you multiply to negatives it becomes a positive. So its 8*-4 making the answer be -32.
Using proportions, it is found that the correct time when it reads 10:30pm is of 9:40 pm.
<h3>What is a proportion?</h3>
A proportion is a fraction of total amount, and the measures are related using a rule of three.
In this problem, when 56 minutes have passed, the clock indicates that 60 minutes have passed. Hence, what is the time passed when the clock indicates that 12 hours and 30 minutes, that is, 60 x 12 + 30 = 750 minutes have passed?
Hence, the <em>rule of three</em> is:
56 minutes - 60 minutes
x minutes - 750 minutes
Applying cross multiplication:



700 minutes is 660/60 = 11 hours + 40 minutes after 10:00 am, hence the correct time is of 9:40 pm.
You can learn more about proportions at brainly.com/question/24372153