Answer: $4,331
Step-by-step explanation:
I will assume that the question meant 5.2% not 52% as this is quite excessive.
Katherine after 13 years.
Convert the variables;
n = 13 years = 13 * 365 = 4,745 days
r = 5.2% = 5.2/365 = 5.2/365%
Future value = P * ( 1 + r)^n
= 86,000 * (1 + 5.2/365%)⁴⁷⁴⁵
= $169,068
Michael after 13 years;
If compounded continuously, the formula is;
Future value = Pe^rt
= 86,000 * e⁰.⁰⁵ ˣ ¹³
= $164,737
Difference = 169,068 - 164,737
= $4,331
Answer:
A. 6x + 4
B. 22 cm
Step-by-step explanation:
The perimeter of the triangle is equal to the sum of all the side lengths, which is (2x+3) + (x+1) + (3x), or 6x + 4.
When x = 3cm, the perimeter is 6(3) + 4, which is 22 cm.
Answer:
$26532.98
Step-by-step explanation:
<u>Given:</u>
- Principal = $10000
- Profit rate = 5% PA compounded
- Time = 20 years
- Compounds = 20*1 = 20
<u>Sum is:</u>
- 10000*(1 + 5/100)²⁰ ≈ 26532.98
Answer:
the answer to your question is f(2)=0 and g(-2)=0