Answer:
d
Step-by-step explanation:
0.0003 would be 1/10 of 0.00003. If you divided 0.00003 by 10 you would get 0.0003.
Hopefully, this was useful.
Answer:
1. D
2. A
3. C
4. A
Step-by-step explanation:
Answer:
$7153.03
Step-by-step explanation:
To find the total amount after 3 years, we can use the formula for compound tax:
P = Po * (1+r/n)^(t*n)
where P is the final value, Po is the inicial value, r is the rate, t is the amount of time and n depends on how the tax is compounded (in this case, it is semi-annually, so n = 2)
For our problem, we have that Po = 5000, r = 12.3% = 0.123, t = 3 years and n = 2, then we can calculate P:
P = 5000 * (1 + 0.123/2)^(3*2)
P = 5000 * (1 + 0.0615)^6
P = $7153.029
Rounding to the nearest cent, we have P = $7153.03
Ok if the number behind the decimal is 4-0... round down, But if the number is 5-9 round up.
Example:65.85
The number behind the decimal is a 8.. So round this number up to the next availible whole number, which is 66.