Answer:
(a)
(b)$3763.31
Step-by-step explanation:
When a Principal, P is invested at an annual rate r, for a period of k times over n years, the Amount, A(t) after n years is given by the model:
In this case:
r=1.8%
Since it is compounded bimonthly, k=2X12=24
Therefore:
For P=$2400, and n=25 years
The balance in the account after 25 years is $3763.31.
Four dollar loss and four dollar profit cause its like -4 + 4 = 0
Answer:
96470000
Step-by-step explanation:
Since the exponent of the scientific notation is positive 7 , move the decimal point 7 places to the right. 96470000
Answer:
x=1.714285714 or x=1.71
Step-by-step explanation:
Distribute 8 to x and 8 (8x+64)
Get rid of -13x on the other side of the equation by doing +13x to both sides.
That should leave you with 21x+64=100.
Subtract 64 from both sides of the equation.
21x=36
Divide 21 from both sides which will leave you with the answer as a long decimal so round it.
x=1.71
Answer:
$13.90
Step-by-step explanation:
1.20 *1.20= $2.40 tax
30.20-2.40= $27.8 (both cds)
27.8/2 = $13.90 per CD