The equation to calculate compound percentage rate is :
A(t) = P(1+(r/n))^(nt)
In this case t is 18 years, we put rate (r), number of compounds per day.
A(18) = 10,000(1+(0.04/4))^(4*18)= 10,000(1.01)^72= $20,470.99
Child will receive $20,470.99 on it's 18 birthday.
C. dispute the valuation if he or she disagrees with it.
Answer: 28.8
Step-by-step explanation:
60% as a fraction = 6/10 = 3/5 when you simplify it.
Then, we can calculate 48 *3/5
= 28.8
Answer:
28$
Step-by-step explanation:
You subtract 2 from 8 which is 6, you then multiply 6 times 3.50. Then add 7, which you get 28$
