Answer:
Step-by-step explanation:
<u>Given:</u>
- Investment P = $20000
- Time t = 7 years
- Interest rate r = 5.5% = 0.055
a. <u>compounded semiannually, n = 2</u>
b. <u>compounded quarterly, n = 4</u>
c. <u>compounded monthly, n = 12</u>
d. <u>compounded continuously</u>
Answer:
$909.50
Step-by-step explanation:
$850 x 7% = $59.50 (tax amount)
850 x (1+ 0.07) = $909.50
Answer:
7
Step-by-step explanation:
it's a rectangle of area 2*4=8 minus a triangle of area 1*2/2=1 so 8 - 1 = 7
It’s A 44-1) and if not then it’s b