Answer:
ok I don't know but thanks for the points
Answer:
Semi-annually: A = $24 178.51
Quarterly: A = $24 205.73
Monthly: A = $24 224.13
Step-by-step explanation:
The formula for compound interest is
A = P(1 + r)ⁿ
A. Compounded semi-annually
Data:
P = $20 000
APR = 4.8 %
t = 4 yr
Calculations:
n = 4 × 2 = 8
r = 0.048/2 = 0.024
A = 20 000(1+ 0.024)⁸
= 20 000 × 1.024⁸
= 20 000 × 1.208 926
= $24 178.51
B. Compounded Quarterly
n = 4 × 4 = 16
r = 0.048/4 = 0.012
A = 20 000(1+ 0.012)¹⁶
= 20 000 × 1.012¹⁶
= 20 000 × 1.210 286
= $24 205.73
C. Compounded monthly
n = 4 × 12 = 48
r = 0.048/12 = 0.004
A = 20 000(1+ 0.004)⁴⁸
= 20 000 × 1.004⁴⁸
= 20 000 × 1.211 207
= $24 224.13
rs + st = rt Plug in the values
3x + 1 + 2x - 2 = 64 Combine like terms (1 and -2)
3x -1 + 2x = 64 Combine like terms (3x and 2x)
-1 + 5x = 64 Add 1 to both sides
5x = 65 Divide both sides by 5
x = 13
Step-by-step explanation:
Multiply by the reciprocal, also sometimes referred to as "Keep, Change, Flip." Here is how it works. You rewrite the division question as a multiplication question by flipping the second fraction over. Next, keep the first number, change the division to multiplication and then flip the second fraction over.
