Answer:
The answer is 0.0000000861
Step-by-step explanation:
It is quite simple, all you have to do is multiply 8.61 x 10^-8 and you get the answer.
Hope this helps!
Step-by-step explanation:
divide 48 by 12
when the bases are same and they are in the form of divide , their powers are subtracted
Answer:
$5308.79
Step-by-step explanation:
The future value can be computed from ...
FV = P(1 +r/n)^(nt)
where P is the principal invested, r is the annual interest rate, n is the number of times per year it is compounded, and t is the number of years.
You have P = $5000, r = 0.03, n = 12 (months per year), t = 2.
Filling in the given numbers, we have ...
FV = $5000(1 +.03/12)^(12·2) ≈ $5000(1.0617570) ≈ $5308.79
The amount of the withdrawal will be $5308.79.
I really think that it can