The future value of the amount deposited will be given by:
FV=p(1+r/100n)^nt
where:
FV=future value
p=principle
r=rate
n=terms
t=time
thus substituting our values in the formula we get:
FV=4000(1+5.4/1200)^(6×12)
FV=$5,526.57
Answer: $5,526.57
Answer:
ANSWER: (4, -12)
Step-by-step explanation:
Lol
1600 children and 1400 adults attended
<h3>How to determine the number of adults?</h3>
Let the children be x and adult be y.
So, we have the following equations:
x + y = 3000
1.5x + 5y = 9400
Make x the subject in x + y = 3000
x = 3000 - y
Substitute x = 3000 - y in 1.5x + 5y = 9400
1.5(3000 - y) + 5y = 9400
Expand
4500 - 1.5y + 5y = 9400
Evaluate the like terms
3.5y = 4900
Divide both sides by 3.5
y = 1400
Substitute y = 1400 in x = 3000 - y
x = 3000 - 1400
Evaluate
x = 1600
Hence, 1600 children and 1400 adults attended
Read more about system of equations at:
brainly.com/question/14323743
#SPJ1
.035 is the answer to your question