Answer:
$15,539.67
Step-by-step explanation:
Compound Interest Formula
where:
- A = final amount
- P = principal amount
- r = interest rate (in decimal form)
- n = number of times interest applied per time period
- t = number of time periods elapsed
Given:
- P = $11,000
- r = 5.8% = 0.058
- n = 4 (quarterly)
- t = 6 years
Substitute the given values into the formula and solve for A:
Therefore, the value of the investment after 6 years will be $15,539.67 to the nearest cent.
Answer:
Step-by-step explanation:
11) Profit = Selling price - purchase price - other expenses
12) Profit = Selling price - purchase price - other expenses
(after rounding off)
13) Annual interest on bond
=INterest rate on face value of bond for 1 year
14)Cost of bond
= quoted value (rate)
=3500(80.5)
=2817.50
15) Cost of bond
= quoted value (rate)
=4250(83.5)
=3548.75
Answer:
g
Step-by-step explanation:
Answer:
i think 65 but if not then it is D impossible
Step-by-step explanation:
hope that helps
and that i wasn't to late
Answer:
Step-by-step explanation:
Add 25 to both sides:
Square root both sides:
(Since a negative number multiplied by itself gives positive, there are two answers.)
