We can use the compound interest formula
F=P(1+i)^n
where
F=Future value of investment to be found
P=present value of investment ($1000)
i=interest per period (1/4 year)=0.04/4=0.01
n=number of periods (3 years * 4 quarters = 12)
Substitute or "Plug in" values, so to speak,
F=1000*(1+0.01)^12
use a calculator to do the sum
=1126.83 (to the nearest cent, and use the proper rounding rules)
Answer:
c
Step-by-step explanation:
this is 9n>27. THIS is truuuuuuuuuuuueeeeeee
Answer:
7/8 > 5/6
Step-by-step explanation:
Well look at it this way: 7/8 needs 1 more eighth until 1. 5/6 needs one more sixth until one. One eighth is smaller, so it requires a smaller amount to get to a greater number, if that makes sense. So 7/8 is greater than 5/6.
