It takes 72,000 gallons of water to fill 12 above-ground swimming pools. Each pool holds the same amount of water. How many gall
2 answers:
You might be interested in
Given:
Principal = $14000
Rate of interest = 10% compounded semiannually.
Time = 11 years.
To find:
The accumulated value of the given investment.
Solution:
Formula for amount or accumulated value after compound interest is:
Where, P is the principal values, r is the rate of interest in decimal, n is the number of times interest compounded in an year and t is the number of years.
Compounded semiannually means interest compounded 2 times in an years.
Putting in the above formula, we get
Therefore, the accumulated value of the given investment is $40953.65.
Answer:
Step-by-step explanation:I don't say u must have to mark my ans as brainliest but if it has really helped you plz don't forget to thank me...
