Answer:
9.45
Step-by-step explanation:
6 2/6 = 6.3
1 1/2 = 1.5
6.3 * 1.5 = 9.45
9.45
Oh Yes It Does Yes It dose
Answer:
I think No
Step-by-step explanation:
Annual rate: 500*0.07 = 35
Year 1: 35
Year 2: 35
Year 3: 35
Year 4: 35
Year 5: 35+500=535
Total=675
Compounded annually
Year 1: 500*1.05=525
Year 2: 525*1.05=551.25
Year 3: 551.25*1.05=578.8125=578.81
Year 4: 578.8125*1.05=607.753125=607.75
Year 5: 607.753125*1.05=638.14
