Answer:
$69,408.17 = $69,410 rounded
Step-by-step explanation:
Final investment value
$69,408.17
Total interest earned
$19,408.17
Initial balance
$50,000.00
Total monthly deposits
$0.00
Effective Annual Rate (APY)
4.185%
The formula used in the compound interest calculator is A = P(1+r/n)^(nt)
A = the future value of the investment
P = the principal investment amount
r = the interest rate (decimal)
n = the number of times that interest is compounded per period
t = the number of periods the money is invested for
The missing number is 12
because the pattern is that the the numbers below and to the right of a number equals that number. ex: 3+4=7. so in order to find the missing number you have to do the opposite of addition, which is subtraction. (17-5=12)
Given:
The expression is

To find:
The expression which is equivalent to the given expression.
Solution:
We have,

It can be written as

Taking LCM, we get



The mixed fraction of this improper fraction is


So, the expression
is equivalent to the given expression.
Therefore, the correct option is A.