Answer:
2/6 or 1/3
Step-by-step explanation:
There are two numbers who are equal or less than 2 its 1 and 2
And the total is 6 so its 2/6 which is 1/3
Sorry if this is late
Answer:
Results are below.
Step-by-step explanation:
Giving the following information:
Monthly deposit= $100
Interest rate= 0.06/12= 0.005
Number of periods= 12*5= 60 months
<u>a)</u>
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.005^60) - 1]} / 0.005
FV= $6,977
b) <u>If the deposit is at the beginning of the month, the interest is compounded one more period</u>. We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= 6,977 + {[100*(1.005^60)] - 100}
FV= 6,977 + 35
FV= $7,012
Answer:
Fraction: 22 2/5
Decimal: $22.4
Step-by-step explanation:
2/5 x 56
The answer for this question will be c. 28 square units.
