Answer:
Future value = $755.61 ( to the nearest cent)
Step-by-step explanation:
The formula for calculating the future value of an invested amount compounded periodically for a number of years is given as:
where:
FV = future value = ???
PV = present value = $575
r = interest rate in decimal = 5.5% = 0.055
n = number of compounding periods per year = quarterly = 4
t = time of investment = 5 years
∴
∴ Future value = $755.61 ( to the nearest cent)
Answer:
Step-by-step explanation:
A circumference of a circle can be determined by this: 2*pi*r
We're given the diameter. Divide that by 2 to get the radius.
6.45/2 = 3.225
Now multiply that by 2*pi. That gives us 2 * 3.14 * 3.225 = 20.253.
This could've also been done easier by doing pi*d where d is the diameter and you give the answer by multiplying them both. Also works, but the above formula is just key to many things and can also be used to derive the simpler one. Hope it helps! :)