The accumulated (future) value is given by the formula
F=P(1+i)^n
where
P=amount of deposit (made at the beginning of the first period)
i=monthly interest, APR/12 = 3%/12 =0.0025
n=number of periods (month)
For example, the future value for the 6th month is
F(6)=1000(1.0025^6)=1015.09 (to the nearest cent)
Here is a schedule of the values,
i=month
F(i) = value at the end of month i.
i F(i)
0 1000.0
1 1002.5
2 1005.01
3 1007.52
4 1010.04
5 1012.56
6 1015.09
7 1017.63
8 1020.18
9 1022.73
10 1025.28
11 1027.85
12 1030.42 + $50 deposit = 1050.42
All values are rounded to the nearest cent.
5500 x .06 = 330
Answer: 330 of the orders will be returned
Answer:
1.2 or 1 1/5
Step-by-step explanation:
To get the answer you have to divide 6/5. Once, I divide I should get 1.2 then you can keep it as a decimal (1.2) or a whole number fraction (1 1/5).
Therefore, your answers will be 1.2 or 1 1/5 (One and one fifths)
Hop this helps.
Is this incorrect? Say so in comments. Questions? Say so in comments.
Answer:
Step-by-step explanation:
6
Answer:The percent change in volume between cylinders A and B is 50%.
Step-by-step explanation:
