Base on my calculations, the answer is not in the choices given. First, we have to acknowledge that the interest rate given is not the effective interest rate instead it is called the nominal interest rate therefore we have to convert it first to an effective interest rate. We use the following formula:
Effective Interest rate = [[1 + (r/m)]^m] - 1 where r is the nominal interest rate and m is the number of compounding times
For this case, m is equal to 2 since it is compounded semianually.
Effective Interest rate = [[1 + (.12/2)]^2] - 1 = .1236
We then use the calculated effective interest rate to the formula for the Compound Interest Rate Formula.
Future Value = Present Value (1 + Effective interest rate)^(no. of years)Future Value = 3000 (1 + .1236)^( 3) = 4255.56 dollars
Answer:
its going to be qsr just took the test on edg
Step-by-step explanation:
test taken
You have to get X all by itself so you divide 20 and 30 which gives you a fraction. X= 20/30
Then = 2/3
This problem cannot be solved unless we are given figure NPQR is a rhombus.
In that case, then all sides are equal, meaning
5x+16=9x-32
Solve for x
9x-5x=16+32
4x=48
x=12
Each side (including PQ) then equals 5x+16=5*12+16=76
The number that will be immediately filled before 32754 is 32658
Option E is correct.
