Answer:
Not possible to work out
Step-by-step explanation:
NO Explanation can be explained as this question cannot be solved
Answer: $58,088.57
Step-by-step explanation:
The investment is compounded weekly so you need to change the parameters of the equation to a weekly figure:
Interest rate is yearly so:
= 3.75%/52
= 3.75/52% per week
Number of periods is 4 years so:
= 4 * 52
= 208 weeks
Future value in 4 years is:
= 50,000 * ( 1 + 3.75/52%)²⁰⁸
= $58,088.57
The sum of 31/4+42/4= 18.25
<u>Step-by-step explanation</u>:
- The denominators are same.
- Then add the numerators and keep the denominators same.
The sum of (31/4) + (42/4) = (31+42)/4
⇒ 73/4
⇒ 18.25
3.24 + 5.70 + 6.17 = 15.11
20.00 - 15.11 = 5.11
He got 5.11$ of change back.
