Answer:
Samuel has $336 and Zander has $56
Step-by-step explanation:
Samuel = 6x because he has 6 times Zander
Zander = x
Together they have 392
6x + x = 392
7x = 392
Divide both sides by 7
x = 56
Samuel = 6 x 56 = 336
Zander = 56
336 + 56 = 392
9514 1404 393
Answer:
$13,916.24
Step-by-step explanation:
First, we need to find the value of the CD at maturity.
A = P(1 +rt) . . . . simple interest rate r for t years
A = $2500(1 +0.085·3) = $2500×1.255 = $3137.50
__
Now, we can find the value of the account with compound interest.
A = P(1 +r)^t . . . . . rate r compounded annually for t years
A = $3137.50 × 1.18^9 = $13,916.24
The mutual fund was worth $13,916.24 after 9 years.
Answer:
-All integers are whole numbers.
-All rational numbers are natural numbers.
Step-by-step explanation:
Answer:
<u>Step-by-step explanation:</u>