And where is the graph? I'll change my answer.
Answer:
173.83
Step-by-step explanation:
17.4 * 9.99
173.826 ~ 173.83
Answer:
1. -29/156 2. 38/45 3. 29/45 4. 113/24 or about 4.7 5. 457/1, 914/2, 1371/3
Step-by-step explanation:
3/13 - 5/12 can be simplified to 36/156 - 65/156. Subtract this and you get -29/156
4/9 + 2/5 can be simplified to 20/45 + 18/45. Add this and you get
38/45
5/8 - 2/9 can be simplified to 45/72 - 16/72. Subtract this and you get
29/45
3 1/2 + 2 5/12 can be first made irrational to 7/2 + 29/24. This can be simplified to 84/24 + 29/24
113/24 or about 4.7
Not sure about the 457, but to convert it, you multiply it by whatever denominator you have. For example
1x457 = 457/1
2x457 = 914/2
And finally 3x457 = 1371/3
Given:
• Amount to save, A = $28,000
,
• Time, t = 6 years
,
• Interest rate, r = 5.3% ==> 0.053
,
• Number of times compounded = quarterly = 4 times
Let's find the amount that must be deposited into the account quarterly.
Apply the formula:

Where:
FV is the future value = $28,000
r = 0.053
n = 4
t = 6 years
Thus, we have:

Let's solve for P.
We have:

Solving further:

Divide both sides by 28.0384237:

Therefore, the amount that must be deposited quarterly into the account is $998.60
ANSWER:
$998.60