Answer:
p=\frac{9}{7}
Step-by-step explanation:
Let's check the answer:
The estimate would be 11
the real answer is 10.96875
because 4.875*2.25=10.96875
and 5*2.2=11
Answer:
hey bud i dont think you finished the question?
Step-by-step explanation:
Answer:
D) $11,499.63
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First, change 4% into a decimal:
4% -> -> 0.04
Since the interest is compounded 6 times a year, we will use 6 for n. Lets plug in the values now:
Your answer is D) $11,499.63