Answer:
$1,519
Step-by-step explanation:
Given that :
Balance = principal = $520
Time (t) = 6 years
Annual. Interest rate (r) = 18% = 0.18
Using the compound interest formula:
A = P(1 + r/n)^nt
n = number of times interest is applied per period ; A = final amount
Since interest is compounded monthly, n = 12
A = 520(1 + 0.18/12)^(12 * 6)
A = 520(1 + 0.015)^72
A = 520(1.015)^72
A = 520(2.9211579)
A = 1519.0021
Hence, final amount = $1519
Answer:
Percentual change= 33.33% decrease
Step-by-step explanation:
Giving the following information:
Present value (PV)= $150
Future value (FV)= $100
<u>To calculate the percentual change, we need to use the following formula:</u>
Percentual change= [(PV - FV) / PV]*100
Percentual change= [(150 - 100) / 150]*1''
Percentual change= 0.3333*100
Percentual change= 33.33% decrease
Answer:
the answer is 16
Step-by-step explanation:
hope this helps
Answer:
b. 5tan(25°)
Step-by-step explanation:
The tangent function gives the ratio between the side opposite and the side adjacent to the angle. That is ...
tan(25°) = ?/5
Multiplying by 5 solves the equation:
? = 5·tan(25°)
Answer:
d
Step-by-step explanation:
The answe of this question is d
