Answer:
(11 hrs + 16 hrs)/2 = 13.5 hrs
13.5 hrs /2 = 6.75 hrs
Answer: $4,331
Step-by-step explanation:
I will assume that the question meant 5.2% not 52% as this is quite excessive.
Katherine after 13 years.
Convert the variables;
n = 13 years = 13 * 365 = 4,745 days
r = 5.2% = 5.2/365 = 5.2/365%
Future value = P * ( 1 + r)^n
= 86,000 * (1 + 5.2/365%)⁴⁷⁴⁵
= $169,068
Michael after 13 years;
If compounded continuously, the formula is;
Future value = Pe^rt
= 86,000 * e⁰.⁰⁵ ˣ ¹³
= $164,737
Difference = 169,068 - 164,737
= $4,331
8.4 x 10^2 (10 to the 2nd power) = 8.4 x 100 = 840
The answer is A. 840
<h3>✽ - - - - - - - - - - - - - - - ~Hello There!~ - - - - - - - - - - - - - - - ✽</h3>
➷ It would cross at (0, -1) or just -1
y = mx + c
The 'c' value in the equation is the y intercept
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➶ Hope This Helps You!
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