Base on my calculations, the answer is not in the choices given. First, we have to acknowledge that the interest rate given is not the effective interest rate instead it is called the nominal interest rate therefore we have to convert it first to an effective interest rate. We use the following formula:
Effective Interest rate = [[1 + (r/m)]^m] - 1 where r is the nominal interest rate and m is the number of compounding times
For this case, m is equal to 2 since it is compounded semianually.
Effective Interest rate = [[1 + (.12/2)]^2] - 1 = .1236
We then use the calculated effective interest rate to the formula for the Compound Interest Rate Formula.
Future Value = Present Value (1 + Effective interest rate)^(no. of years)Future Value = 3000 (1 + .1236)^( 3) = 4255.56 dollars
3×6/8 reduce is 3× 3/4= 3/1×3/4=9/4 or 2 1/4
Answer:
Step-by-step explanation:
EF - base1
HG - base2
J-midpoint of EH
K-midpoint of FG
We are solving it by using formula:
JK=(base1+base2):2
25=(3x+2+7x-2):2
25*2=10x
50=10x
x=50:10
x=5
Good luck!
Answer:
fist bubble i am pretty sure
Step-by-step explanation:
Answer:
Step-by-step explanation:
) Nth term = F + (N - 1) x D, where F=First term, N=Number of terms, D=Common difference
6th row = 23 + (6 - 1) x -3
= 23 + (5) x -3
= 23 + (-15)
= 8 - number of boxes in the top row.
b) Sum = N/2[2F + (N - 1) x D]
= 6/2[2*23 + (6 - 1) x -3]
= 3 [46 + (5) x -3 ]
= 3 [46 + -15 ]
= 3 [ 31 ]
= 93 - total number of boxes in the entire display.
