Answer:
24
Step-by-step explanation:
9+6(2+3/6)
9+6(2+1/2)
2+1/2 = 2.5
9+6(2.5)
9+15
24
The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.
Step-by-step explanation:
The given is,
Future value, F = $15,000
Interest, i = 5.9%
( compounded continuously )
Period, t = 12 years
Step:1
Formula to calculate the present with compounded continuously,
...............(1)
Substitute the values in equation (1) to find the P value,
( ∵
)

( ∵
)
We change the P (Present value) into the left side,


≅ 7389.43
P = $ 7389.43
Result:
The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.
Answer:
Step-by-step explanation:
Diagonal is 60 inches, height is 24 inches so
60^2 = 24^2 + width^2
6.25 inches
Total are of Rhode Island = 1500
-4x +12 -12 = -4 -12
-4x = -16
x = 4