The future value of cash whose initial value is $845, at the rate of 11.3% for 7 years will be calculated using the compound interest rate, that is:
A=p(1+r/100)^n
where:
A=future amount
r=rate=11.3%=0.113
time=7 years
thus the future value of our cash will be:
A=845(1+0.113)^7
A=845(1.113)^7
A=$1,787.82
Answer:
- 1. 5 as decimal
-3 / 2 as a fraction
Step-by-step explanation:
Answer:
26 (:
Hope this helps
Step-by-step explanation:
Answer:
Read below for each answer! (^-^)
Step-by-step explanation:
1: You got the first one right. The explanation does explain why but think about 0 as the surface of the water to better understand.
2: -3; it is between 2 and 4 with only one line through it meaning that it is -3.
3: 7. That's the greatest number both can divide into it.
4: The last one. Any positive number is greater than a negative one and peanut butter's freezing point is positive while the other one's is not.
5: You got it right again! -(-1) has two negatives. Two negatives (mostly) make a positive. So positive 1! Now describe that on a number line.
Hope this helps!
