Answer:
$8950.37
Step-by-step explanation:
Use the compound amount formula A = P(1 + r/n)^(nt), in which P is the initial amount of money (the principal), r is the interest rate as a decimal fraction, n is the number of times per year that interest is compounded, and t is the number of years.
Here we have A = $11,000, n = 2, r = 0.07 and t = 3, and so:
$11,000 = P(1 + 0.07/2)^(2*3), or
$11,000 = P (1.035)^6
$11,000 $11,000
Solving for P, we get P = ---------------- = ------------- = $8950.37
1.035^6 1.229
Depositing $8950.37 with terms as follows will result in an accumulation of $11,000 after 3 years.
Answer:
106
Step-by-step explanation:
just subtract 243-137
Answer:
-12
Step-by-step explanation:
Since a = -6,we have to multiply 2 and -6,and you get -12 bc we have to put the sign of the bigger digit which is -6 in this problem,so you have to write -12
Answer: 25/4=6.25
Explanation:
4w=25
w=25/4=6.25
(I am assuming that the circles and the block are equal, some of the picture got cut off.)
