The effective annual interest rate is:
i = (1 + 0.064/12)^12 - 1 = 0.066
In year 1: the interest is $613.80 (multiple $9300 by 0.066)
In year 2: the interest is $654.31 (add interest from year 1 to $9300 and multiply by 0.066)
In year 3: the interest is $656.98 (do the same as year 2)
In year 4: the interest is $657.16
The total interest is: $2582.25
The present worth of this amount is:
P = 2582.23 / (1 + 0.066)^4 = $1999.72
The answer is $1999.72.
Answer:
this is not a real math equation.
Step-by-step explanation:
Answer:
He has 4 more to hang
Step-by-step explanation:
13 total; you must add the 5 he already hung in the morning plus, the 4 he hung in the afternoon; leaving you with 4 because 5 plus 4 is 9. 13 minus 9 is 4.
I think its d, because A and Cs angles make 180. And B has two equal sides that make it possible to make a triangle. Sorry i couldnt be more helpful
Answer:
Step-by-step explanation:
Two numbers r and s sum up to \frac{1}{2} exactly when the average of the two numbers is \frac{1}{2}*\frac{1}{2} = \frac{1}{4}. You can also see that the midpoint of r and s corresponds to the axis of symmetry of the parabola represented by the quadratic equation y=x^2+Bx+C.
