The future value of cash whose initial value is $845, at the rate of 11.3% for 7 years will be calculated using the compound interest rate, that is:
A=p(1+r/100)^n
where:
A=future amount
r=rate=11.3%=0.113
time=7 years
thus the future value of our cash will be:
A=845(1+0.113)^7
A=845(1.113)^7
A=$1,787.82
Answer:
850 words can be typed in 17 minutes
Step-by-step explanation:
Divide 300 by 6 and multiply it by 17 and that is your answer, 850.
Answer:
the number is 6
Step-by-step explanation:
14-8=6
good luck!
Answer:
12:6 or $12 for every $6 he saves
Step-by-step explanation:
If he spends $6.00 for every $3.00, he would save $6 if he spends $12. In this case you could multiple or divide 6 by any number, and do the same to 3 to get an equivalent ratio. Ex. Multiple 6 times 2 to get $12 and 3 times 2 to get $6.
