Principal = 1600
annual interest = 6% / year
period = 7 years
Future value after 7 years
= 1600(1+0.06)^7
=1600(1.06^7)
=$2045.81
=$2046 (to the nearest dollar)
Answer:
the answer is 3/8
Step-by-step explanation:
multiply 9/10 by 5/12 then you get the answer 3/8
<em>Option 2 </em>
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It's just the black part and the empty square under which is 1/2 and the red square with the empty square under is 1/2 so it's 1/2 x 1/2
We have been given that the take home pay is $1500 and 22% is withheld as taxes.
Let us assume that the gross pay is x dollars. Therefore, take home pay must be 78% of x because 22% of the pay is withheld as taxes, so you get to take home only 78% of the gross pay.
Since we have been given that take home pay is $1500 and it is 78% of the total gross pay. Therefore, we can set up an equation:

Therefore, gross pay is $1923.08