Answer:
$38,562.5
Step-by-step explanation
Using the compound interest formula
A = P(1+r/n)^nt
P is the principal = $125,000
r is the rate = 6% = 0.06
time t = 5years
n = 0.25 (quarterly payment)
Substitute
A = 125000(1+0.06/0.25)^5(0.25)
A = 125000(1+ 0.24)^1.25
A = 125000(1.24)^1.25
A = 125000(1.3085)
A = 163,562.5
Hence the interest earned = 163,562.5 - 125000
interest earned = $38,562.5
First multiply 9x10 which is 90, then it would be 90^4 which is 65,610,000.
Hello!
If we want to round 287.9412 to the nearest tenth, the answer would be 287.9
Since rounding to the nearest tenth would mean rounding the first decimal, that's why it gives us that answer.
Also:
287.9412
2 = hundreds
8 = tens
7 = ones
. = decimal
9 = tenths
4 = hundredths
1 = thousandths
2 = millionths
Hope this helped! c:
Answer:
Step-by-step explanation:
Answer: Have a nice day!
Step-by-step explanation: