Answer: 24 square units
Step-by-step explanation:
Given that the
Length of one diagonal will be:
p = 3+3 = 6 units
The length of other diagonal will be
q = 4+4 = 8 units
Area of a rhombus= (p × q)/2
= (6×8)/2
= 48/2
= 24 square units
Answer:
B
Step-by-step explanation:
Answer:
0.0555555556
Step-by-step explanation:
Answer:
FV= $3,716.32
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $3,500
Interest rate (i)= 1.2% compounded monthly
<u>First, we need to determine the monthly nominal interest rate:</u>
Monthly interest rate= 0.012/12= 0.001
<u>Now, to calculate the future value after 't' months, we need to use the following formula:</u>
FV= PV*(1 + i)^t
<u>For example, for 60 months:</u>
FV= 3,500*(1.001^60)
FV= $3,716.32
