Answer:
96
Step-by-step explanation:
8 × 9 × 8/2 × 3
8 × 9 × 8/6
576/6 = 96
Answer:
Its the symbol "pi" which is 3.14
Answer:
you save $500 for 7 years at 6% compounding continuously
what is the final value...
A = $500 
Step-by-step explanation:
Answer:
The answer is 8.24%.
Step-by-step explanation:
The rate r = 8% is for 1 year or 52 weeks.
As given there are 13 weeks term so total there will be = 4 terms.
So, n = 4
The effective interest rate R is given by:
R = 
= 
= 
= 0.0824
And in percentage, it is 8.24%.