Answer:
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Step-by-step explanation:
Mr. and Mrs. Bailey need to invest $2906.50 so as to send their son to college.
<h3>
Compound interest</h3>
Compound interest is given by:
where A is the amount after t years, P is initial amount, r is the rate and n is the times compounded per period
Given that n = 1, r = 9% = 0.09, A = $7500 t = 11. Hence:
Mr. and Mrs. Bailey need to invest $2906.50 so as to send their son to college.
Find out more on Compound interest at: brainly.com/question/24924853
Answer:
the dark purple in the bottom, brown reddish one light purple one in the bottom
Step-by-step explanation:
Answer:
When CPI data is collected, what does the index value represent. Prices used to compute CPI are collected during the entire month, and that data is published monthly. So, the index value represents an estimate of the price level for the month as a whole, rather than a specific date.
Step-by-step explanation:
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Answer:
8
Step-by-step explanation:
2015: 9 games won
2014: 1 game won
rate of change = 2015 games won - 2014 games won
rate of change = 9 - 1
rate of change = 8
