Hi there
The formula of compound interest is
A=p (1+r/k)^kn
A future value?
P present value 12300
R interest rate 0.052
K compounded quarterly 4
N time 1 year
So
A=12,300×(1+0.052÷4)^(4×1)
A=12,952.18
Good luck!
The y-intercept is 1, the slope is -2/3, so the graph is B, the second one down.
Answer:
Hello there!
The correct answer is 18:21.
Hope This Helps You!
Good Luck :)
8.5 times hope this helps
